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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

Swiss Franc/Polish New Zloty (FOREX:CHFPLN)

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_CHFPLN
Open High Low CHFPLN Price Change
3.487300 3.521715 3.485545 3.518335 +0.031035
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term down The long term trend has been DOWN since Mar 17th, 2017 at 3.987450

intermediate term down The intermediate term trend has been DOWN since Mar 8th, 2018 at 3.581920

short term up The short term trend has been UP since Apr 22nd, 2018 at 3.489705

Smart Scan Analysis for CHFPLN

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

-85
Smart Scan Analysis for CHFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.487300 3.521715 3.485545 3.518335 +0.031035
Prev. Close Volume Bid Ask Time
3.487300 3.516400 3.520270 2018-04-23 18:46:12
Want to analyze Swiss Franc/Polish New Zloty CHFPLN or another symbol? Try our Free Forex Trend Analysis Report.