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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 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.

FOREX_AEDUSD
Open High Low AEDUSD Price Change
0.27225703 0.27225900 0.27225703 0.27225900 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for AEDUSD

long term down The long-term trend has been DOWN since Jul 13th, 2020 at 0.27223480

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2020 at 0.27226072

short term up The short-term trend has been UP since Sep 29th, 2020 at 0.27226072

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).

+60
Smart Scan Analysis for AEDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27225703 0.27225900 0.27225703 0.27225900 +0.00000200
Prev. Close Volume Bid Ask Time
0.27225703 2020-11-24 02:37:03
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