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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Swiss Franc/Polish New Zloty (FOREX:CHFPLN)
Sidelines Mode (-55) - CHFPLN 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 CHFPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFPLN.
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 CHFPLN
The long-term trend has been DOWN since Mar 1st, 2024 at 4.4997671
The intermediate-term trend has been UP since Apr 15th, 2024 at 4.4385622
The short-term trend has been DOWN since Apr 19th, 2024 at 4.4487750
Smart Scan Analysis for CHFPLN
Based on our trend formula, CHFPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.427805 | 4.435190 | 4.401510 | 4.413250 | -0.014555 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.427805 | 2024-04-25 11:57:11 |