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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)

Weak Downtrend (-65) - AEDSEK is showing signs of a strengthening downtrend. Monitor AEDSEK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid AEDSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDSEK
Open High Low AEDSEK Price Change
2.6349833 2.6385019 2.6342094 2.6342094 -0.0007740
Entry Signal

MarketClub’s Trade Triangles for AEDSEK

long term up The long-term trend has been UP since Feb 18th, 2020 at 2.6563913

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2020 at 2.7040177

short term down The short-term trend has been DOWN since May 12th, 2020 at 2.6576058

Smart Scan Analysis for AEDSEK

Based on our trend formula, AEDSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AEDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6349833 2.6385019 2.6342094 2.6342094 -0.0007740
Prev. Close Volume Bid Ask Time
2.6349833 2.6325630 2.6358558 2020-05-25 05:14:06
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