Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Polish New Zloty/United Arab Emirates Dirham (FOREX:PLNAED)
Bear Market Rally (-75) - PLNAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNAED as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for PLNAED
The long-term trend has been DOWN since Feb 24th, 2022 at 0.8733163
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.8021430
The short-term trend has been DOWN since Aug 15th, 2022 at 0.8057276
Smart Scan Analysis for PLNAED
Based on our trend formula, PLNAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).