Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
Strong Downtrend (-100) - AEDSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for AEDSEK
The long-term trend has been DOWN since Jun 2nd, 2020 at 2.5387545
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 2.3899472
The short-term trend has been DOWN since Nov 16th, 2020 at 2.3460412
Smart Scan Analysis for AEDSEK
Based on our trend formula, AEDSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).