Forex Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
United Arab Emirates Dirham/Chinese Yuan Renminbi (FOREX:AEDCNY)
Weak Uptrend (+65) - AEDCNY is showing signs of weakening momentum to the upside. Monitor AEDCNY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AEDCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDCNY
The long-term trend has been UP since Jul 27th, 2021 at 1.7677173
The intermediate-term trend has been UP since Jul 27th, 2021 at 1.7677173
The short-term trend has been DOWN since Jul 29th, 2021 at 1.7630473
Smart Scan Analysis for AEDCNY
Based on our trend formula, AEDCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).