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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
28.8665 28.8675 28.8550 28.8555 -0.0110
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term down The long term trend has been DOWN since Dec 23rd, 2018 at 29.3855

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 28.7925

short term down The short term trend has been DOWN since Feb 14th, 2019 at 28.7610

Smart Scan Analysis for PLNJPY

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

-100
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.8665 28.8675 28.8550 28.8555 -0.0110
Prev. Close Volume Bid Ask Time
28.8665 28.8470 28.8640 2019-02-18 01:20:59
Want to analyze Polish New Zloty/Japanese Yen PLNJPY or another symbol? Try our Free Forex Trend Analysis Report.