Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
Long-Term Downtrend (-90) - AEDCHF is in a strong downtrend that is likely to continue. While AEDCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AEDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDCHF
The long-term trend has been DOWN since Dec 17th, 2019 at 0.26701500
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.24606589
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.24768308
Smart Scan Analysis for AEDCHF
Based on our trend formula, AEDCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).