Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Canadian Dollar/Polish New Zloty (FOREX:CADPLN)
Long-Term Uptrend (+90) - CADPLN is in a strong uptrend that is likely to continue. While CADPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Sep 28th, 2021 at 3.127520
The intermediate-term trend has been UP since Sep 21st, 2021 at 3.081730
The short-term trend has been UP since Oct 21st, 2021 at 3.201045
Smart Scan Analysis for CADPLN
Based on our trend formula, CADPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).