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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Polish New Zloty/United Arab Emirates Dirham (FOREX:PLNAED)

Bear Market Rally (-75) - PLNAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNAED as it may be in the beginning 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.

FOREX_PLNAED
Open High Low PLNAED Price Change
0.9066978 0.9127761 0.9028415 0.9119493 +0.0052510
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 0.9031305

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.9160002

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.9081554

Smart Scan Analysis for PLNAED

Based on our trend formula, PLNAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9066978 0.9127761 0.9028415 0.9119493 +0.0052510
Prev. Close Volume Bid Ask Time
0.9066978 2024-04-23 12:41:47
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