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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.

FOREX_AEDCHF
Open High Low AEDCHF Price Change
0.24254719 0.24254719 0.24243534 0.24243534 -0.00011200
Entry Signal

MarketClub’s Trade Triangles for AEDCHF

long term down The long-term trend has been DOWN since Dec 17th, 2019 at 0.26701500

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.24606589

short term down 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).

-90
Smart Scan Analysis for AEDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24254719 0.24254719 0.24243534 0.24243534 -0.00011200
Prev. Close Volume Bid Ask Time
0.24254719 2020-12-04 14:12:36
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