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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Countertrend Up (+85) - AEDNZD 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 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
0.39297684 0.39297684 0.39297684 0.39297684 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AEDNZD

long term up The long-term trend has been UP since Mar 23rd, 2021 at 0.38808535

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.38919610

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.39156710

Smart Scan Analysis for AEDNZD

Based on our trend formula, AEDNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AEDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39297684 0.39297684 0.39297684 0.39297684 0.00000000
Prev. Close Volume Bid Ask Time
0.39297684 2021-10-08 02:40:48
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