Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Canadian Dollar/Polish New Zloty (FOREX:CADPLN)
Weak Downtrend (-65) - CADPLN is showing signs of a strengthening downtrend. Monitor CADPLN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADPLN
The long-term trend has been UP since Oct 15th, 2020 at 2.944840
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 2.901895
The short-term trend has been DOWN since Nov 23rd, 2020 at 2.875280
Smart Scan Analysis for CADPLN
Based on our trend formula, CADPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).