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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
3.79360 3.79915 3.79285 3.79355 -0.00005
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 3.61180

intermediate term up The intermediate term trend has been UP since Feb 19th, 2019 at 3.70525

short term down The short term trend has been DOWN since Mar 20th, 2019 at 3.79380

Smart Scan Analysis for PLNZAR

Based on a pre-defined weighted trend formula for chart analysis, PLNZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.79360 3.79915 3.79285 3.79355 -0.00005
Prev. Close Volume Bid Ask Time
3.79360 3.79120 3.79590 2019-03-21 01:24:59
Want to analyze Polish New Zloty/South African Rand PLNZAR or another symbol? Try our Free Forex Trend Analysis Report.