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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_PLNJPY
Open High Low PLNJPY Price Change
28.6635 28.6635 28.6635 28.6635 0.0000
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term down The long term trend has been DOWN since May 8th, 2019 at 28.6855

intermediate term up The intermediate term trend has been UP since Jun 7th, 2019 at 28.7480

short term down The short term trend has been DOWN since Jun 12th, 2019 at 28.7525

Smart Scan Analysis for PLNJPY

Based on a pre-defined weighted trend formula for chart analysis, PLNJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.6635 28.6635 28.6635 28.6635 0.0000
Prev. Close Volume Bid Ask Time
28.6635 28.6570 28.6700 2019-06-16 07:00:00
Want to analyze Polish New Zloty/Japanese Yen PLNJPY or another symbol? Try our Free Forex Trend Analysis Report.