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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 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
76.93732 77.00309 76.78685 76.83157 -0.10575
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long term trend has been UP since Sep 11th, 2019 at 76.82150

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2019 at 77.10258

short term down The short term trend has been DOWN since Dec 10th, 2019 at 77.06707

Smart Scan Analysis for PLNHUF

Based on a pre-defined weighted trend formula for chart analysis, PLNHUF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.93732 77.00309 76.78685 76.83157 -0.10575
Prev. Close Volume Bid Ask Time
76.93732 76.81663 76.84650 2019-12-12 13:35:20
Want to analyze Polish New Zloty/Hungarian Forint PLNHUF or another symbol? Try our Free Forex Trend Analysis Report.