Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
United Arab Emirates Dirham/Japanese Yen (FOREX:AEDJPY)
Weak Downtrend (-65) - AEDJPY is showing signs of a strengthening downtrend. Monitor AEDJPY as it may be building momentum to the downside.
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 DOWN since Feb 28th, 2020 at 29.386061
The intermediate-term trend has been DOWN since Jun 11th, 2020 at 29.145511
The short-term trend has been DOWN since Nov 23rd, 2020 at 28.250204
Smart Scan Analysis for AEDJPY
Based on our trend formula, AEDJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).