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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Polish New Zloty/Australian Dollar (FOREX:PLNAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_PLNAUD
Open High Low PLNAUD Price Change
0.376775 0.377110 0.374320 0.375010 -0.001765
Entry Signal

MarketClub’s Trade Triangles for PLNAUD

long term up The long term trend has been UP since Jan 1st, 2019 at 0.379700

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2019 at 0.373910

short term down The short term trend has been DOWN since Aug 13th, 2019 at 0.379715

Smart Scan Analysis for PLNAUD

Based on a pre-defined weighted trend formula for chart analysis, PLNAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for PLNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.376775 0.377110 0.374320 0.375010 -0.001765
Prev. Close Volume Bid Ask Time
0.376775 0.374860 0.375160 2019-08-19 18:57:50
Want to analyze Polish New Zloty/Australian Dollar PLNAUD or another symbol? Try our Free Forex Trend Analysis Report.