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Forex Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

Polish New Zloty/Swiss Franc (FOREX:PLNCHF)

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.

FOREX_PLNCHF
Open High Low PLNCHF Price Change
0.25644500 0.25846141 0.25618500 0.25639717 -0.00004800
Entry Signal

MarketClub’s Trade Triangles for PLNCHF

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 0.26052

intermediate term up The intermediate term trend has been UP since Oct 10th, 2019 at 0.25389

short term up The short term trend has been UP since Oct 10th, 2019 at 0.25326

Smart Scan Analysis for PLNCHF

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

+60
Smart Scan Analysis for PLNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25644500 0.25846141 0.25618500 0.25639717 -0.00004800
Prev. Close Volume Bid Ask Time
0.25644500 0.25626832 0.25652602 2019-10-17 23:09:19
Want to analyze Polish New Zloty/Swiss Franc PLNCHF or another symbol? Try our Free Forex Trend Analysis Report.