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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.

FOREX_AUDAED
Open High Low AUDAED Price Change
2.4931064 2.5042514 2.4924064 2.5042514 +0.0111450
Entry Signal

MarketClub’s Trade Triangles for AUDAED

long term up The long-term trend has been UP since Jun 1st, 2020 at 2.4522393

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 2.2763960

short term up 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).

+100
Smart Scan Analysis for AUDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4931064 2.5042514 2.4924064 2.5042514 +0.0111450
Prev. Close Volume Bid Ask Time
2.4931064 2.5027221 2.5057806 2020-06-02 04:26:22
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