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Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

Swiss Franc/Polish New Zloty (FOREX:CHFPLN)

Long-Term Downtrend (-90) - CHFPLN is in a strong downtrend that is likely to continue. While CHFPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.104205 4.104750 4.091115 4.100795 -0.003410
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term down The long-term trend has been DOWN since Feb 24th, 2021 at 4.087770

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2021 at 4.162650

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 4.099725

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
4.104205 4.104750 4.091115 4.100795 -0.003410
Prev. Close Volume Bid Ask Time
4.104205 2021-03-04 04:56:08
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