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.
MarketClub’s Trade Triangles for CHFPLN
The long-term trend has been DOWN since Feb 24th, 2021 at 4.087770
The intermediate-term trend has been DOWN since Feb 1st, 2021 at 4.162650
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).