Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Polish New Zloty/United Arab Emirates Dirham (FOREX:PLNAED)
Bull Market Weakness (+75) - PLNAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNAED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNAED.
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 PLNAED
The long-term trend has been DOWN since Apr 15th, 2024 at 0.9031305
The intermediate-term trend has been UP since May 7th, 2024 at 0.9198962
The short-term trend has been UP since May 3rd, 2024 at 0.9123774
Smart Scan Analysis for PLNAED
Based on our trend formula, PLNAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9180113 | 0.9244018 | 0.9160091 | 0.9232994 | +0.0052880 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9180113 | 2024-05-09 13:43:44 |