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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

United Arab Emirates Dirham/New Zealand Dollar (FOREX:AEDNZD)

Crossroads (-60) - AEDNZD 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 AEDNZD?

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

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

FOREX_AEDNZD
Open High Low AEDNZD Price Change
0.43338928 0.43338928 0.43338928 0.43338928 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AEDNZD

long term up The long-term trend has been UP since Feb 26th, 2020 at 0.43232767

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2020 at 0.44273444

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.43786091

Smart Scan Analysis for AEDNZD

Based on our trend formula, AEDNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AEDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43338928 0.43338928 0.43338928 0.43338928 0.00000000
Prev. Close Volume Bid Ask Time
0.43338928 0.43325359 0.43352497 2020-06-02 01:05:43
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