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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)

Sidelines Mode (-55) - AEDBHD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_AEDBHD
Open High Low AEDBHD Price Change
0.10264030 0.10265030 0.10256093 0.10262839 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for AEDBHD

long term up The long-term trend has been UP since Dec 29th, 2019 at 0.10288379

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2020 at 0.10254516

short term up The short-term trend has been UP since Feb 21st, 2020 at 0.10271923

Smart Scan Analysis for AEDBHD

Based on our trend formula, AEDBHD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AEDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10264030 0.10265030 0.10256093 0.10262839 -0.00001200
Prev. Close Volume Bid Ask Time
0.10264030 0.10256410 0.10269267 2020-02-24 23:02:37
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