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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

United Arab Emirates Dirham/Canadian Dollar (FOREX:AEDCAD)

Crossroads (-60) - AEDCAD 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 AEDCAD?

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

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

FOREX_AEDCAD
Open High Low AEDCAD Price Change
0.34177741 0.34177741 0.34177741 0.34177741 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.34396738

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.34306668

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.34463865

Smart Scan Analysis for AEDCAD

Based on our trend formula, AEDCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34177741 0.34177741 0.34177741 0.34177741 0.00000000
Prev. Close Volume Bid Ask Time
0.34177741 2021-10-08 02:40:48
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