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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.

FOREX_PLNHUF
Open High Low PLNHUF Price Change
74.7210 74.8220 74.6785 74.7135 -0.0075
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term down The long term trend has been DOWN since Aug 14th, 2019 at 74.5085

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 75.8670

short term up 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).

-85
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways 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
Want to analyze Polish New Zloty/Hungarian Forint PLNHUF or another symbol? Try our Free Forex Trend Analysis Report.