Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Canadian Dollar/Polish New Zloty (FOREX:CADPLN)
Bull Market Weakness (+75) - CADPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADPLN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CADPLN
The long-term trend has been UP since Sep 28th, 2021 at 3.127520
The intermediate-term trend has been UP since Jan 18th, 2022 at 3.197300
The short-term trend has been UP since Jan 10th, 2022 at 3.173645
Smart Scan Analysis for CADPLN
Based on our trend formula, CADPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).