Forex Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
Polish New Zloty/New Zealand Dollar (FOREX:PLNNZD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for PLNNZD
The long term trend has been UP since May 6th, 2019 at 0.395795
The intermediate term trend has been UP since Apr 5th, 2019 at 0.388695
The short term trend has been UP since May 21st, 2019 at 0.398095
Smart Scan Analysis for PLNNZD
Based on a pre-defined weighted trend formula for chart analysis, PLNNZD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).