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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Polish New Zloty/British Pound (FOREX:PLNGBP)

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_PLNGBP
Open High Low PLNGBP Price Change
0.210150 0.210720 0.208950 0.209175 -0.000975
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term up The long term trend has been UP since May 24th, 2019 at 0.205725

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2019 at 0.209240

short term down The short term trend has been DOWN since Aug 14th, 2019 at 0.213450

Smart Scan Analysis for PLNGBP

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

-60
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.210150 0.210720 0.208950 0.209175 -0.000975
Prev. Close Volume Bid Ask Time
0.21015 0.209120 0.209230 2019-08-19 18:40:49
Want to analyze Polish New Zloty/British Pound PLNGBP or another symbol? Try our Free Forex Trend Analysis Report.