Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
United Arab Emirates Dirham/Hong Kong Dollar (FOREX:AEDHKD)
Bull Market Weakness (+75) - AEDHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDHKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AEDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDHKD
The long-term trend has been DOWN since Jun 11th, 2019 at 2.1318000
The intermediate-term trend has been UP since May 1st, 2020 at 2.1119733
The short-term trend has been UP since May 21st, 2020 at 2.1106619
Smart Scan Analysis for AEDHKD
Based on our trend formula, AEDHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).