Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
United Arab Emirates Dirham/Polish New Zloty (FOREX:AEDPLN)
Countertrend Up (+85) - AEDPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AEDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDPLN
The long-term trend has been UP since Aug 11th, 2021 at 1.0659149
The intermediate-term trend has been UP since Sep 19th, 2021 at 1.0673155
The short-term trend has been DOWN since Oct 4th, 2021 at 1.0733557
Smart Scan Analysis for AEDPLN
Based on our trend formula, AEDPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).