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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

United Arab Emirates Dirham/Singapore Dollar (FOREX:AEDSGD)

Long-Term Downtrend (-90) - AEDSGD is in a strong downtrend that is likely to continue. While AEDSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_AEDSGD
Open High Low AEDSGD Price Change
0.35884515 0.35964607 0.35841351 0.35955078 +0.00070600
Entry Signal

MarketClub’s Trade Triangles for AEDSGD

long term down The long-term trend has been DOWN since Sep 17th, 2020 at 0.36915831

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2021 at 0.36033019

short term down The short-term trend has been DOWN since Feb 21st, 2021 at 0.36016684

Smart Scan Analysis for AEDSGD

Based on our trend formula, AEDSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AEDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35884515 0.35964607 0.35841351 0.35955078 +0.00070600
Prev. Close Volume Bid Ask Time
0.35884515 2021-02-25 11:15:20
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