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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Swiss Franc/Polish New Zloty (FOREX:CHFPLN)

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_CHFPLN
Open High Low CHFPLN Price Change
3.9045091 3.9045091 3.9043000 3.9045091 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term down The long term trend has been DOWN since Nov 1st, 2019 at 3.858335

intermediate term up The intermediate term trend has been UP since Nov 11th, 2019 at 3.897515

short term up The short term trend has been UP since Dec 4th, 2019 at 3.920370

Smart Scan Analysis for CHFPLN

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

-60
Smart Scan Analysis for CHFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9045091 3.9045091 3.9043000 3.9045091 0.0000000
Prev. Close Volume Bid Ask Time
3.9045091 3.8989903 3.9100279 2019-12-07 14:05:22
Want to analyze Swiss Franc/Polish New Zloty CHFPLN or another symbol? Try our Free Forex Trend Analysis Report.