Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
4.721835 4.742900 4.718255 4.733495 +0.011660
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term down The long term trend has been DOWN since May 24th, 2019 at 4.860080

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 Jul 15th, 2019 at 4.737570

Smart Scan Analysis for GBPPLN

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

-100
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.721835 4.742900 4.718255 4.733495 +0.011660
Prev. Close Volume Bid Ask Time
4.721835 4.732310 4.734680 2019-07-18 15:28:26
Want to analyze British Pound/Polish New Zloty GBPPLN or another symbol? Try our Free Forex Trend Analysis Report.