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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

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

Strong Downtrend (-100) - AEDCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.35130683 0.35130683 0.35130683 0.35130683 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.36329703

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.35637841

short term down The short-term trend has been DOWN since Nov 16th, 2020 at 0.35604391

Smart Scan Analysis for AEDCAD

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

-100
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35130683 0.35130683 0.35130683 0.35130683 0.00000000
Prev. Close Volume Bid Ask Time
0.35130683 2020-12-03 10:02:39
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