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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Euro/Polish New Zloty (FOREX:EURPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURPLN
Open High Low EURPLN Price Change
4.34394 4.37700 4.33770 4.36920 +0.02526
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term up The long term trend has been UP since Aug 2nd, 2019 at 4.31430

intermediate term up The intermediate term trend has been UP since Jul 9th, 2019 at 4.27021

short term down The short term trend has been DOWN since Aug 16th, 2019 at 4.32670

Smart Scan Analysis for EURPLN

Based on a pre-defined weighted trend formula for chart analysis, EURPLN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.34394 4.37700 4.33770 4.36920 +0.02526
Prev. Close Volume Bid Ask Time
4.34394 4.36830 4.37010 2019-08-19 21:52:29
Want to analyze Euro/Polish New Zloty EURPLN or another symbol? Try our Free Forex Trend Analysis Report.