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Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Canadian Dollar/Polish New Zloty (FOREX:CADPLN)
Sidelines Mode (-55) - CADPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CADPLN
The long-term trend has been DOWN since Nov 10th, 2023 at 2.991150
The intermediate-term trend has been DOWN since Oct 10th, 2023 at 3.160675
The short-term trend has been UP since Nov 30th, 2023 at 2.927525
Smart Scan Analysis for CADPLN
Based on our trend formula, CADPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.946890 | 2.964590 | 2.939975 | 2.959650 | +0.012760 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.946890 | 2023-12-04 14:51:49 |