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.
MarketClub’s Trade Triangles for AEDSGD
The long-term trend has been DOWN since Sep 17th, 2020 at 0.36915831
The intermediate-term trend has been DOWN since Feb 14th, 2021 at 0.36033019
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).