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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Romanian Leu/Polish New Zloty (FOREX:RONPLN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_RONPLN
Open High Low RONPLN Price Change
0.899730 0.900860 0.899555 0.900285 +0.000555
Entry Signal

MarketClub’s Trade Triangles for RONPLN

long term down The long term trend has been DOWN since Jan 1st, 2019 at 0.916945

intermediate term up The intermediate term trend has been UP since Jul 9th, 2019 at 0.903580

short term down The short term trend has been DOWN since Jul 15th, 2019 at 0.900905

Smart Scan Analysis for RONPLN

Based on a pre-defined weighted trend formula for chart analysis, RONPLN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RONPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.899730 0.900860 0.899555 0.900285 +0.000555
Prev. Close Volume Bid Ask Time
0.899730 0.900080 0.900490 2019-07-17 08:15:52
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