Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
United Arab Emirates Dirham/US Dollar (FOREX:AEDUSD)
Crossroads (+60) - AEDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AEDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDUSD
The long-term trend has been DOWN since Jan 2nd, 2020 at 0.27223850
The intermediate-term trend has been UP since Mar 22nd, 2020 at 0.27226077
The short-term trend has been UP since Mar 19th, 2020 at 0.27225703
Smart Scan Analysis for AEDUSD
Based on our trend formula, AEDUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).