Forex Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Polish New Zloty/United Arab Emirates Dirham (FOREX:PLNAED)
Bull Market Weakness (+75) - PLNAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNAED as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for PLNAED
The long-term trend has been DOWN since Mar 1st, 2021 at 0.9732873
The intermediate-term trend has been UP since Apr 8th, 2021 at 0.9597248
The short-term trend has been UP since Apr 16th, 2021 at 0.9676912
Smart Scan Analysis for PLNAED
Based on our trend formula, PLNAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).