Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
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 PLNHUF
The long term trend has been DOWN since Aug 14th, 2019 at 74.5085
The intermediate term trend has been DOWN since Aug 1st, 2019 at 75.8670
The short term trend has been UP since Aug 16th, 2019 at 74.9570
Smart Scan Analysis for PLNHUF
Based on a pre-defined weighted trend formula for chart analysis, PLNHUF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 74.7210 | 74.8220 | 74.6785 | 74.7135 | -0.0075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 74.7210 | 74.6990 | 74.7280 | 2019-08-19 03:40:21 |