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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Polish New Zloty/South African Rand (FOREX:PLNZAR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.

FOREX_PLNZAR
Open High Low PLNZAR Price Change
3.90505 3.93405 3.88665 3.92330 +0.01825
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term up The long term trend has been UP since Aug 12th, 2019 at 3.99625

intermediate term up The intermediate term trend has been UP since Aug 1st, 2019 at 3.75535

short term up The short term trend has been UP since Aug 19th, 2019 at 3.92615

Smart Scan Analysis for PLNZAR

Based on a pre-defined weighted trend formula for chart analysis, PLNZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.90505 3.93405 3.88665 3.92330 +0.01825
Prev. Close Volume Bid Ask Time
3.90505 3.92000 3.92660 2019-08-19 18:45:19
Want to analyze Polish New Zloty/South African Rand PLNZAR or another symbol? Try our Free Forex Trend Analysis Report.