Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
United Arab Emirates Dirham/Australian Dollar (FOREX:AEDAUD)
Strong Uptrend (+100) - AEDAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AEDAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jan 31st, 2020 at 0.40629000
The intermediate-term trend has been UP since Jan 21st, 2020 at 0.39733052
The short-term trend has been UP since Mar 31st, 2020 at 0.44477448
Smart Scan Analysis for AEDAUD
Based on our trend formula, AEDAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).