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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

United Arab Emirates Dirham/Hong Kong Dollar (FOREX:AEDHKD)

Crossroads (+60) - AEDHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_AEDHKD
Open High Low AEDHKD Price Change
2.1216215 2.1234839 2.1200997 2.1204263 -0.0011950
Entry Signal

MarketClub’s Trade Triangles for AEDHKD

long term down The long-term trend has been DOWN since Jun 11th, 2019 at 2.1318000

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2020 at 2.1179217

short term up The short-term trend has been UP since Feb 14th, 2020 at 2.1149815

Smart Scan Analysis for AEDHKD

Based on our trend formula, AEDHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AEDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1216215 2.1234839 2.1200997 2.1204263 -0.0011950
Prev. Close Volume Bid Ask Time
2.1216215 2.1203583 2.1204944 2020-02-24 22:49:44
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