Analyze Symbol
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.
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MarketClub’s Trade Triangles for PLNHKD
The long term trend has been DOWN since May 1st, 2018 at 2.2351
The intermediate term trend has been DOWN since Jul 8th, 2019 at 2.0537
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).
| 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 |