Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Australian Dollar/United Arab Emirates Dirham (FOREX:AUDAED)
Strong Uptrend (+100) - AUDAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDAED
The long-term trend has been UP since Jun 1st, 2020 at 2.4522393
The intermediate-term trend has been UP since Apr 7th, 2020 at 2.2763960
The short-term trend has been UP since May 26th, 2020 at 2.4236822
Smart Scan Analysis for AUDAED
Based on our trend formula, AUDAED is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).