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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 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
0.8939416 0.9046653 0.8918791 0.9030310 +0.0090890
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 down The short-term trend has been DOWN since Apr 10th, 2024 at 0.9280548

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
0.8939416 0.9046653 0.8918791 0.9030310 +0.0090890
Prev. Close Volume Bid Ask Time
0.8939416 2024-04-17 20:07:16
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