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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Romanian Leu/Polish New Zloty (FOREX:RONPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
0.900605 0.900870 0.900490 0.900650 +0.000045
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 down The intermediate term trend has been DOWN since Jun 13th, 2019 at 0.900345

short term up The short term trend has been UP since Jun 19th, 2019 at 0.902710

Smart Scan Analysis for RONPLN

Based on a pre-defined weighted trend formula for chart analysis, RONPLN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for RONPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.900605 0.900870 0.900490 0.900650 +0.000045
Prev. Close Volume Bid Ask Time
0.900605 0.900380 0.900920 2019-06-20 01:56:03
Want to analyze Romanian Leu/Polish New Zloty RONPLN or another symbol? Try our Free Forex Trend Analysis Report.