Forex Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for NZDPLN
The long term trend has been DOWN since May 6th, 2019 at 2.52657
The intermediate term trend has been UP since Jul 3rd, 2019 at 2.51395
The short term trend has been UP since Jul 3rd, 2019 at 2.51385
Smart Scan Analysis for NZDPLN
Based on a pre-defined weighted trend formula for chart analysis, NZDPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).