Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)
Strong Uptrend (+100) - CHFAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFAED 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 CHFAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFAED
The long-term trend has been UP since Dec 17th, 2019 at 3.7451000
The intermediate-term trend has been UP since Nov 5th, 2020 at 4.0634698
The short-term trend has been UP since Nov 26th, 2020 at 4.0462016
Smart Scan Analysis for CHFAED
Based on our trend formula, CHFAED is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).