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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_PLNAED
Open High Low PLNAED Price Change
0.951800 0.952515 0.951620 0.952515 +0.000715
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term down The long term trend has been DOWN since Sep 28th, 2018 at 1.000600

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2019 at 0.955570

short term down The short term trend has been DOWN since May 3rd, 2019 at 0.955685

Smart Scan Analysis for PLNAED

Based on a pre-defined weighted trend formula for chart analysis, PLNAED scored -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
0.951800 0.952515 0.951620 0.952515 +0.000715
Prev. Close Volume Bid Ask Time
0.9518 0.951780 0.953250 2019-05-19 17:05:38
Want to analyze Polish New Zloty/United Arab Emirates Dirham PLNAED or another symbol? Try our Free Forex Trend Analysis Report.