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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Canadian Dollar/Polish New Zloty (FOREX:CADPLN)

Crossroads (+60) - CADPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CADPLN
Open High Low CADPLN Price Change
3.113190 3.119575 3.079300 3.085475 -0.027715
Entry Signal

MarketClub’s Trade Triangles for CADPLN

long term up The long-term trend has been UP since Oct 15th, 2020 at 2.944840

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 3.066475

short term down The short-term trend has been DOWN since Apr 1st, 2021 at 3.118115

Smart Scan Analysis for CADPLN

Based on our trend formula, CADPLN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.113190 3.119575 3.079300 3.085475 -0.027715
Prev. Close Volume Bid Ask Time
3.113190 2021-05-07 17:13:25
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