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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_GBPPLN
Open High Low GBPPLN Price Change
4.909115 4.909115 4.909115 4.909115 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term up The long term trend has been UP since Jan 24th, 2019 at 4.958500

intermediate term down The intermediate term trend has been DOWN since May 15th, 2019 at 4.933475

short term down The short term trend has been DOWN since May 8th, 2019 at 4.999315

Smart Scan Analysis for GBPPLN

Based on a pre-defined weighted trend formula for chart analysis, GBPPLN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.909115 4.909115 4.909115 4.909115 0.000000
Prev. Close Volume Bid Ask Time
4.909115 4.905790 4.912440 2019-05-19 04:07:48
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