Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

United Arab Emirates Dirham/US Dollar (FOREX:AEDUSD)

Sidelines Mode (-55) - AEDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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.

FOREX_AEDUSD
Open High Low AEDUSD Price Change
0.2722645 0.2722645 0.2722545 0.2722550 -0.0000090
Entry Signal

MarketClub’s Trade Triangles for AEDUSD

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 0.2722385

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2019 at 0.2722422

short term up The short-term trend has been UP since Jan 9th, 2020 at 0.2722630

Smart Scan Analysis for AEDUSD

Based on our trend formula, AEDUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AEDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2722645 0.2722645 0.2722545 0.2722550 -0.0000090
Prev. Close Volume Bid Ask Time
0.2722645 0.2722450 0.2722650 2020-02-17 02:36:35
Get a free daily analysis and signals for United Arab Emirates Dirham/US Dollar (AEDUSD) - Request Your Free Report.