Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_PLNNOK
Open High Low PLNNOK Price Change
2.27735 2.28460 2.27420 2.28390 +0.00655
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term down The long term trend has been DOWN since Mar 21st, 2019 at 2.24085

intermediate term up The intermediate term trend has been UP since Apr 25th, 2019 at 2.25410

short term up The short term trend has been UP since May 20th, 2019 at 2.28120

Smart Scan Analysis for PLNNOK

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

+70
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.27735 2.28460 2.27420 2.28390 +0.00655
Prev. Close Volume Bid Ask Time
2.27735 2.28300 2.28480 2019-05-20 20:36:29
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