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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2025.

Canadian Dollar/Polish New Zloty (FOREX:CADPLN)

Countertrend Up (+85) - CADPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CADPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADPLN
Open High Low CADPLN Price Change
2.876560 2.878510 2.874970 2.876745 +0.000185
Entry Signal

MarketClub’s Trade Triangles for CADPLN

long term up The long-term trend has been UP since Nov 5th, 2024 at 2.91885

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2025 at 2.88335

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 2.88119

Smart Scan Analysis for CADPLN

Based on our trend formula, CADPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CADPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.876560 2.878510 2.874970 2.876745 +0.000185
Prev. Close Volume Bid Ask Time
2.876560 2025-01-17 02:33:58
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