Forex Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
United Arab Emirates Dirham/Japanese Yen (FOREX:AEDJPY)
Crossroads (-60) - AEDJPY 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 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 DOWN since Jul 19th, 2021 at 29.857065
The short-term trend has been DOWN since Jul 27th, 2021 at 29.975225
Smart Scan Analysis for AEDJPY
Based on our trend formula, AEDJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).