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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Japanese Yen/Polish New Zloty (FOREX:JPYPLN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_JPYPLN
Open High Low JPYPLN Price Change
0.033848 0.033928 0.033847 0.033927 +0.000079
Entry Signal

MarketClub’s Trade Triangles for JPYPLN

long term up The long term trend has been UP since Dec 23rd, 2018 at 0.034029

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 0.034009

short term down The short term trend has been DOWN since Mar 12th, 2019 at 0.034266

Smart Scan Analysis for JPYPLN

Based on a pre-defined weighted trend formula for chart analysis, JPYPLN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JPYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.033848 0.033928 0.033847 0.033927 +0.000079
Prev. Close Volume Bid Ask Time
0.033848 0.033921 0.033933 2019-03-21 01:30:32
Want to analyze Japanese Yen/Polish New Zloty JPYPLN or another symbol? Try our Free Forex Trend Analysis Report.