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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Strong Downtrend (-100) - PLNAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PLNAED continues to fall. Traders should use caution and set stops.

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
0.8976628 0.8992728 0.8949191 0.8949926 -0.0026700
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.9094348

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.9393373

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.8926800

Smart Scan Analysis for PLNAED

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

-100
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8976628 0.8992728 0.8949191 0.8949926 -0.0026700
Prev. Close Volume Bid Ask Time
0.8976628 2024-11-20 03:40:37
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