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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)

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.

FOREX_PLNHKD
Open High Low PLNHKD Price Change
2.05940 2.05960 2.05675 2.05715 -0.00225
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 2.2351

intermediate term down The intermediate term trend has been DOWN since Jul 8th, 2019 at 2.0537

short term up The short term trend has been UP since Jul 18th, 2019 at 2.0717

Smart Scan Analysis for PLNHKD

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

-85
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.05940 2.05960 2.05675 2.05715 -0.00225
Prev. Close Volume Bid Ask Time
2.0594 2.05670 2.05760 2019-07-23 01:46:10
Want to analyze Polish New Zloty/Hong Kong Dollar PLNHKD or another symbol? Try our Free Forex Trend Analysis Report.