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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

United Arab Emirates Dirham/Euro (FOREX:AEDEUR)

Long-Term Downtrend (-90) - AEDEUR is in a strong downtrend that is likely to continue. While AEDEUR 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 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.

FOREX_AEDEUR
Open High Low AEDEUR Price Change
0.22389403 0.22437630 0.22389403 0.22437630 +0.00048200
Entry Signal

MarketClub’s Trade Triangles for AEDEUR

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 0.23860093

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.22374876

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.22431088

Smart Scan Analysis for AEDEUR

Based on our trend formula, AEDEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AEDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22389403 0.22437630 0.22389403 0.22437630 +0.00048200
Prev. Close Volume Bid Ask Time
0.22389403 2021-02-26 04:56:31
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