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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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

Sidelines Mode (-55) - AEDNZD 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 ?

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
0.42320375 0.42369031 0.42267462 0.42284373 -0.00036000
Entry Signal

MarketClub’s Trade Triangles for AEDNZD

long term down The long-term trend has been DOWN since Dec 2nd, 2019 at 0.42116061

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 0.41211345

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 0.42463465

Smart Scan Analysis for AEDNZD

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

-55
Smart Scan Analysis for AEDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42320375 0.42369031 0.42267462 0.42284373 -0.00036000
Prev. Close Volume Bid Ask Time
0.42320375 0.42283221 0.42285524 2020-02-17 16:28:33
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