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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)

Sidelines Mode (-55) - AEDINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_AEDINR
Open High Low AEDINR Price Change
20.470684 20.470684 20.454948 20.454948 -0.015736
Entry Signal

MarketClub’s Trade Triangles for AEDINR

long term down The long-term trend has been DOWN since Jul 2nd, 2020 at 20.421427

intermediate term down The intermediate-term trend has been DOWN since Jul 2nd, 2020 at 20.527198

short term up The short-term trend has been UP since Jul 23rd, 2020 at 20.371449

Smart Scan Analysis for AEDINR

Based on our trend formula, AEDINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AEDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.470684 20.470684 20.454948 20.454948 -0.015736
Prev. Close Volume Bid Ask Time
20.470684 20.454112 20.455783 2020-08-03 22:38:10
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