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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.

FOREX_AEDSEK
Open High Low AEDSEK Price Change
2.3451948 2.3468527 2.3228722 2.3230506 -0.0221440
Entry Signal

MarketClub’s Trade Triangles for AEDSEK

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 2.5387545

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2020 at 2.3899472

short term down 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).

-100
Smart Scan Analysis for AEDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3451948 2.3468527 2.3228722 2.3230506 -0.0221440
Prev. Close Volume Bid Ask Time
2.3451948 2020-11-24 21:33:39
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