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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.
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MarketClub’s Trade Triangles for AEDNZD
The long-term trend has been DOWN since Dec 2nd, 2019 at 0.42116061
The intermediate-term trend has been UP since Jan 20th, 2020 at 0.41211345
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).
| 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 |