Forex Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
British Pound/Polish New Zloty (FOREX:GBPPLN)
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.
MarketClub’s Trade Triangles for GBPPLN
The long term trend has been UP since Jan 24th, 2019 at 4.958500
The intermediate term trend has been UP since Jan 13th, 2019 at 4.818905
The short term trend has been DOWN since Feb 14th, 2019 at 4.916020
Smart Scan Analysis for GBPPLN
Based on a pre-defined weighted trend formula for chart analysis, GBPPLN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).