Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

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.

FOREX_CADPLN
Open High Low CADPLN Price Change
2.951515 2.965940 2.951005 2.954450 +0.002935
Entry Signal

MarketClub’s Trade Triangles for CADPLN

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 2.991150

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 2.904650

short term up The short-term trend has been UP since Jun 21st, 2024 at 2.957395

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).

+70
Smart Scan Analysis for CADPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.951515 2.965940 2.951005 2.954450 +0.002935
Prev. Close Volume Bid Ask Time
2.951515 2024-06-21 16:59:50
Get a free daily analysis and signals for Canadian Dollar/Polish New Zloty (CADPLN) - Request Your Free Report.