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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

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_PLNCAD
Open High Low PLNCAD Price Change
0.345960 0.346935 0.344735 0.346010 +0.000050
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term up The long term trend has been UP since Dec 19th, 2018 at 0.358645

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 0.352515

short term down The short term trend has been DOWN since Feb 8th, 2019 at 0.348795

Smart Scan Analysis for PLNCAD

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

-60
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.345960 0.346935 0.344735 0.346010 +0.000050
Prev. Close Volume Bid Ask Time
0.345960 0.345900 0.346120 2019-02-19 19:38:21
Want to analyze Polish New Zloty/Canadian Dollar PLNCAD or another symbol? Try our Free Forex Trend Analysis Report.