Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)
Crossroads (+60) - AEDBHD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AEDBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDBHD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDBHD
The long-term trend has been DOWN since Apr 9th, 2020 at 0.10241979
The intermediate-term trend has been UP since Nov 15th, 2020 at 0.10275756
The short-term trend has been UP since Nov 24th, 2020 at 0.10272281
Smart Scan Analysis for AEDBHD
Based on our trend formula, AEDBHD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).