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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.

FOREX_CHFPLN
Open High Low CHFPLN Price Change
4.09345 4.09481 4.08384 4.08980 -0.00365
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term up The long-term trend has been UP since Dec 25th, 2019 at 4.054215

intermediate term down The intermediate-term trend has been DOWN since Jul 20th, 2020 at 4.143605

short term down 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).

-60
Smart Scan Analysis for CHFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.09345 4.09481 4.08384 4.08980 -0.00365
Prev. Close Volume Bid Ask Time
4.09345 4.08850 4.09110 2020-08-14 07:42:17
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