Forex Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for PLNNOK
The long term trend has been UP since Jun 6th, 2019 at 2.29785
The intermediate term trend has been DOWN since Jun 24th, 2019 at 2.26915
The short term trend has been UP since Jul 17th, 2019 at 2.26015
Smart Scan Analysis for PLNNOK
Based on a pre-defined weighted trend formula for chart analysis, PLNNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).