Forex Trend Analysis Report
Prepared for you on Wednesday, November 13, 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 DOWN since May 6th, 2019 at 2.526570
The intermediate term trend has been UP since Nov 12th, 2019 at 2.469235
The short term trend has been UP since Nov 11th, 2019 at 2.460080
Smart Scan Analysis for NZDPLN
Based on a pre-defined weighted trend formula for chart analysis, NZDPLN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).