Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Polish New Zloty/United Arab Emirates Dirham (FOREX:PLNAED)
Long-Term Downtrend (-90) - PLNAED is in a strong downtrend that is likely to continue. While PLNAED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for PLNAED
The long-term trend has been DOWN since Feb 17th, 2020 at 0.9338083
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 0.9584933
The short-term trend has been DOWN since Feb 13th, 2020 at 0.9380843
Smart Scan Analysis for PLNAED
Based on our trend formula, PLNAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).