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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

United Arab Emirates Dirham/British Pound (FOREX:AEDGBP)

Strong Downtrend (-100) - AEDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AEDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDGBP
Open High Low AEDGBP Price Change
0.19569698 0.19569698 0.19483392 0.19502988 -0.00066700
Entry Signal

MarketClub’s Trade Triangles for AEDGBP

long term down The long-term trend has been DOWN since Jul 24th, 2020 at 0.21290771

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2020 at 0.20957431

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 0.19487778

Smart Scan Analysis for AEDGBP

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

-100
Smart Scan Analysis for AEDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19569698 0.19569698 0.19483392 0.19502988 -0.00066700
Prev. Close Volume Bid Ask Time
0.19569698 2021-03-02 21:13:46
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