Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for NZDPLN
The long term trend has been UP since Nov 1st, 2018 at 2.516815
The intermediate term trend has been UP since Jan 13th, 2019 at 2.559200
The short term trend has been DOWN since Feb 19th, 2019 at 2.617185
Smart Scan Analysis for NZDPLN
Based on a pre-defined weighted trend formula for chart analysis, NZDPLN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).