Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
United Arab Emirates Dirham/Japanese Yen (FOREX:AEDJPY)
Countertrend Up (+85) - AEDJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AEDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDJPY
The long-term trend has been UP since Feb 4th, 2021 at 28.702496
The intermediate-term trend has been UP since Sep 24th, 2021 at 30.062157
The short-term trend has been DOWN since Oct 1st, 2021 at 30.252922
Smart Scan Analysis for AEDJPY
Based on our trend formula, AEDJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).