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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.

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FOREX_PLNAED
Open High Low PLNAED Price Change
0.9368497 0.9380184 0.9329497 0.9344240 -0.0024260
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term down The long-term trend has been DOWN since Feb 17th, 2020 at 0.9338083

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 0.9584933

short term down 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).

-90
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9368497 0.9380184 0.9329497 0.9344240 -0.0024260
Prev. Close Volume Bid Ask Time
0.9368497 0.9342403 0.9346076 2020-02-17 16:17:14
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