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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Polish New Zloty/British Pound (FOREX:PLNGBP)

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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.201995 0.202185 0.201975 0.202160 +0.000165
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term down The long term trend has been DOWN since Jan 24th, 2019 at 0.20172

intermediate term up The intermediate term trend has been UP since Mar 20th, 2019 at 0.20187

short term up The short term trend has been UP since Mar 18th, 2019 at 0.19918

Smart Scan Analysis for PLNGBP

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

+70
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.201995 0.202185 0.201975 0.202160 +0.000165
Prev. Close Volume Bid Ask Time
0.201995 0.202100 0.202220 2019-03-21 01:25:26
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