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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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
0.962010 0.962120 0.960965 0.961645 -0.000365
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 Feb 8th, 2019 at 0.966455

short term up The short term trend has been UP since Feb 18th, 2019 at 0.960100

Smart Scan Analysis for PLNAED

Based on a pre-defined weighted trend formula for chart analysis, PLNAED scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for PLNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.962010 0.962120 0.960965 0.961645 -0.000365
Prev. Close Volume Bid Ask Time
0.962010 0.961390 0.961900 2019-02-20 02:37:48
Want to analyze Polish New Zloty/United Arab Emirates Dirham PLNAED or another symbol? Try our Free Forex Trend Analysis Report.