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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 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.

FOREX_CHFPLN
Open High Low CHFPLN Price Change
4.402510 4.439275 4.390830 4.439275 +0.036765
Entry Signal

MarketClub’s Trade Triangles for CHFPLN

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 4.4997671

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2024 at 4.5911500

short term up The short-term trend has been UP since Apr 12th, 2024 at 4.3709607

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).

-55
Smart Scan Analysis for CHFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.402510 4.439275 4.390830 4.439275 +0.036765
Prev. Close Volume Bid Ask Time
4.402510 2024-04-15 14:53:54
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