Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Japanese Yen/United Arab Emirates Dirham (FOREX:JPYAED)
Strong Downtrend (-100) - JPYAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYAED
The long-term trend has been DOWN since Feb 4th, 2021 at 0.03484018
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 0.03535218
The short-term trend has been DOWN since Feb 24th, 2021 at 0.03482455
Smart Scan Analysis for JPYAED
Based on our trend formula, JPYAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).