Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)
Weak Downtrend (-65) - AEDSAR is showing signs of a strengthening downtrend. Monitor AEDSAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AEDSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDSAR
The long-term trend has been DOWN since Mar 30th, 2020 at 1.0164208
The intermediate-term trend has been DOWN since May 15th, 2020 at 1.0207632
The short-term trend has been DOWN since May 26th, 2020 at 1.0216131
Smart Scan Analysis for AEDSAR
Based on our trend formula, AEDSAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).