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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

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

Weak Downtrend (-65) - PLNAED is showing signs of a strengthening downtrend. Monitor PLNAED as it may be building momentum to the downside.

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
0.9017461 0.9017828 0.9005339 0.9009380 -0.0008080
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 0.9384502

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.9198427

short term up The short-term trend has been UP since Nov 29th, 2021 at 0.8837054

Smart Scan Analysis for PLNAED

Based on our trend formula, PLNAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9017461 0.9017828 0.9005339 0.9009380 -0.0008080
Prev. Close Volume Bid Ask Time
0.9017461 2021-12-06 01:40:31
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