Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
United Arab Emirates Dirham/Australian Dollar (FOREX:AEDAUD)
Weak Uptrend (+65) - AEDAUD is showing signs of weakening momentum to the upside. Monitor AEDAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AEDAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDAUD
The long-term trend has been UP since Apr 1st, 2021 at 0.35971912
The intermediate-term trend has been UP since Sep 19th, 2021 at 0.37388188
The short-term trend has been DOWN since Oct 4th, 2021 at 0.37513217
Smart Scan Analysis for AEDAUD
Based on our trend formula, AEDAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).