Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
United Arab Emirates Dirham/Euro (FOREX:AEDEUR)
Strong Uptrend (+100) - AEDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AEDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Aug 6th, 2021 at 0.23156196
The intermediate-term trend has been UP since Sep 20th, 2021 at 0.23216408
The short-term trend has been UP since Sep 28th, 2021 at 0.23293742
Smart Scan Analysis for AEDEUR
Based on our trend formula, AEDEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).