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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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

Crossroads (+60) - PLNAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.9283095 0.9293374 0.9265460 0.9265460 -0.0017640
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 0.9223222

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.8878434

short term up The short-term trend has been UP since May 26th, 2020 at 0.8919632

Smart Scan Analysis for PLNAED

Based on our trend formula, PLNAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9283095 0.9293374 0.9265460 0.9265460 -0.0017640
Prev. Close Volume Bid Ask Time
0.9283095 0.9263623 0.9267296 2020-06-02 03:09:37
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