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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_PLNUSD
Open High Low PLNUSD Price Change
0.26061868 0.26074577 0.26042680 0.26042680 -0.00019200
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term down The long term trend has been DOWN since Jul 31st, 2019 at 0.257935

intermediate term up The intermediate term trend has been UP since Oct 14th, 2019 at 0.256920

short term up The short term trend has been UP since Oct 10th, 2019 at 0.254495

Smart Scan Analysis for PLNUSD

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

+60
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26061868 0.26074577 0.26042680 0.26042680 -0.00019200
Prev. Close Volume Bid Ask Time
0.26061868 0.26037207 0.26048152 2019-10-21 03:12:27
Want to analyze Polish New Zloty/US Dollar PLNUSD or another symbol? Try our Free Forex Trend Analysis Report.