Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
United Arab Emirates Dirham/Euro (FOREX:AEDEUR)
Weak Downtrend (-65) - AEDEUR is showing signs of a strengthening downtrend. Monitor AEDEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AEDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDEUR
The long-term trend has been UP since Mar 19th, 2020 at 0.25242974
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.24833625
The short-term trend has been DOWN since May 27th, 2020 at 0.24766585
Smart Scan Analysis for AEDEUR
Based on our trend formula, AEDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).