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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.

FOREX_CADPLN
Open High Low CADPLN Price Change
3.21879 3.23227 3.20081 3.20586 -0.01293
Entry Signal

MarketClub’s Trade Triangles for CADPLN

long term up The long-term trend has been UP since Sep 28th, 2021 at 3.127520

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 3.081730

short term up 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).

+90
Smart Scan Analysis for CADPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.21879 3.23227 3.20081 3.20586 -0.01293
Prev. Close Volume Bid Ask Time
3.21879 2021-10-28 13:52:27
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