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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

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
2.861405 2.862200 2.853080 2.854165 -0.007240
Entry Signal

MarketClub’s Trade Triangles for CADPLN

long term up The long-term trend has been UP since Nov 5th, 2024 at 2.918850

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 2.896985

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 2.940760

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
2.861405 2.862200 2.853080 2.854165 -0.007240
Prev. Close Volume Bid Ask Time
2.861405 2024-12-09 02:30:24
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