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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Canadian Dollar/Polish New Zloty (FOREX:CADPLN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADPLN
Open High Low CADPLN Price Change
2.919795 2.927640 2.911555 2.918155 -0.001640
Entry Signal

MarketClub’s Trade Triangles for CADPLN

long term up The long term trend has been UP since Feb 22nd, 2019 at 2.912600

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2019 at 2.909360

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 2.943245

Smart Scan Analysis for CADPLN

Based on a pre-defined weighted trend formula for chart analysis, CADPLN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.919795 2.927640 2.911555 2.918155 -0.001640
Prev. Close Volume Bid Ask Time
2.919795 2.914070 2.922240 2019-12-06 16:59:48
Want to analyze Canadian Dollar/Polish New Zloty CADPLN or another symbol? Try our Free Forex Trend Analysis Report.