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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.9642517 0.9661669 0.9600276 0.9608357 -0.0034160
Entry Signal

MarketClub’s Trade Triangles for PLNAED

long term up The long term trend has been UP since Nov 1st, 2019 at 0.9637323

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2019 at 0.9503303

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.9627826

Smart Scan Analysis for PLNAED

Based on a pre-defined weighted trend formula for chart analysis, PLNAED scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9642517 0.9661669 0.9600276 0.9608357 -0.0034160
Prev. Close Volume Bid Ask Time
0.9642517 0.9600276 0.9616438 2020-01-17 17:14:31
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