Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Swiss Franc/Polish New Zloty (FOREX:CHFPLN)
Crossroads (-60) - CHFPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 25th, 2019 at 4.054215
The intermediate-term trend has been DOWN since Jul 20th, 2020 at 4.143605
The short-term trend has been DOWN since Aug 13th, 2020 at 4.076780
Smart Scan Analysis for CHFPLN
Based on our trend formula, CHFPLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).