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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Swiss Franc/Polish New Zloty (FOREX:CHFPLN)

Long-Term Uptrend (+90) - CHFPLN is in a strong uptrend that is likely to continue. While CHFPLN 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 CHFPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFPLN
Open High Low CHFPLN Price Change
4.6106100 4.6130900 4.5754700 4.5802504 -0.0303600
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term up The long-term trend has been UP since Jun 14th, 2024 at 4.5536650

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 4.5970700

short term up The short-term trend has been UP since Sep 27th, 2024 at 4.5395873

Smart Scan Analysis for CHFPLN

Based on our trend formula, CHFPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6106100 4.6130900 4.5754700 4.5802504 -0.0303600
Prev. Close Volume Bid Ask Time
4.6106100 2024-10-08 08:55:27
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