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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/United Arab Emirates Dirham (FOREX:USDAED)

Strong Downtrend (-100) - USDAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDAED continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAED
Open High Low USDAED Price Change
3.6724 3.6724 3.6724 3.6724 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDAED

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 3.672055

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 3.672280

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 3.672280

Smart Scan Analysis for USDAED

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

-100
Smart Scan Analysis for USDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6724 3.6724 3.6724 3.6724 0.0000
Prev. Close Volume Bid Ask Time
3.6724 2024-03-19 02:07:11
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