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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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
4.6876409 4.7109750 4.6848350 4.7063300 +0.0186890
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term down The long-term trend has been DOWN since Nov 4th, 2022 at 4.73529

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2023 at 4.67955

short term down The short-term trend has been DOWN since Mar 26th, 2023 at 4.67955

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
4.6876409 4.7109750 4.6848350 4.7063300 +0.0186890
Prev. Close Volume Bid Ask Time
4.6876409 2023-03-29 16:09:20
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