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.
MarketClub’s Trade Triangles for AEDNZD
The long-term trend has been UP since Feb 26th, 2020 at 0.43232767
The intermediate-term trend has been DOWN since May 26th, 2020 at 0.44273444
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).