Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for PLNHKD
The long term trend has been DOWN since May 1st, 2018 at 2.23510
The intermediate term trend has been DOWN since Feb 8th, 2019 at 2.06410
The short term trend has been DOWN since Feb 4th, 2019 at 2.09405
Smart Scan Analysis for PLNHKD
Based on a pre-defined weighted trend formula for chart analysis, PLNHKD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).