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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.

FOREX_CADPLN
Open High Low CADPLN Price Change
2.891150 2.892700 2.876400 2.884695 -0.006455
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 Nov 9th, 2020 at 2.901895

short term down 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).

-70
Smart Scan Analysis for CADPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.891150 2.892700 2.876400 2.884695 -0.006455
Prev. Close Volume Bid Ask Time
2.891150 2020-11-24 21:31:27
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