Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
United Arab Emirates Dirham/Hong Kong Dollar (FOREX:AEDHKD)
Weak Uptrend (+65) - AEDHKD is showing signs of weakening momentum to the upside. Monitor 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 UP since Sep 3rd, 2020 at 2.1122863
The intermediate-term trend has been UP since Sep 28th, 2020 at 2.1108268
The short-term trend has been DOWN since Nov 23rd, 2020 at 2.1104819
Smart Scan Analysis for AEDHKD
Based on our trend formula, AEDHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).