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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Polish New Zloty/Colombian Peso (FOREX:PLNCOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low PLNCOP Price Change
819.990 820.835 819.730 820.220 +0.230
Entry Signal

MarketClub’s Trade Triangles for PLNCOP

long term down The long term trend has been DOWN since Feb 4th, 2019 at 827.135

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 838.320

short term up The short term trend has been UP since Feb 15th, 2019 at 818.835

Smart Scan Analysis for PLNCOP

Based on a pre-defined weighted trend formula for chart analysis, PLNCOP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for PLNCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
819.990 820.835 819.730 820.220 +0.230
Prev. Close Volume Bid Ask Time
819.990 819.980 820.460 2019-02-18 07:30:30
Want to analyze Polish New Zloty/Colombian Peso PLNCOP or another symbol? Try our Free Forex Trend Analysis Report.