Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
United Arab Emirates Dirham/South African Rand (FOREX:AEDZAR)
Weak Downtrend (-65) - AEDZAR is showing signs of a strengthening downtrend. Monitor AEDZAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AEDZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDZAR
The long-term trend has been DOWN since Jul 21st, 2020 at 4.4572891
The intermediate-term trend has been DOWN since Feb 9th, 2021 at 4.0202968
The short-term trend has been DOWN since Feb 23rd, 2021 at 3.9542801
Smart Scan Analysis for AEDZAR
Based on our trend formula, AEDZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).