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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.
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MarketClub’s Trade Triangles for PLNAED
The long-term trend has been DOWN since Mar 16th, 2020 at 0.9223222
The intermediate-term trend has been UP since May 20th, 2020 at 0.8878434
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).
| 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 |