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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_PLNHUF
Open High Low PLNHUF Price Change
73.3965 73.4680 73.3615 73.4205 +0.0240
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term down The long term trend has been DOWN since Nov 1st, 2018 at 74.6785

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 74.5065

short term up The short term trend has been UP since Mar 21st, 2019 at 73.3995

Smart Scan Analysis for PLNHUF

Based on a pre-defined weighted trend formula for chart analysis, PLNHUF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.3965 73.4680 73.3615 73.4205 +0.0240
Prev. Close Volume Bid Ask Time
73.3965 73.4010 73.4400 2019-03-22 02:09:48
Want to analyze Polish New Zloty/Hungarian Forint PLNHUF or another symbol? Try our Free Forex Trend Analysis Report.