Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
2.27750 2.28265 2.27700 2.28175 +0.00425
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term up The long term trend has been UP since Jun 6th, 2019 at 2.29785

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 2.27135

short term down The short term trend has been DOWN since Sep 17th, 2019 at 2.27275

Smart Scan Analysis for PLNNOK

Based on a pre-defined weighted trend formula for chart analysis, PLNNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.27750 2.28265 2.27700 2.28175 +0.00425
Prev. Close Volume Bid Ask Time
2.27750 2.28100 2.28250 2019-09-18 07:20:47
Want to analyze Polish New Zloty/Norwegian Krone PLNNOK or another symbol? Try our Free Forex Trend Analysis Report.