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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Japanese Yen/United Arab Emirates Dirham (FOREX:JPYAED)

Sidelines Mode (-55) - JPYAED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JPYAED
Open High Low JPYAED Price Change
0.03236209 0.03236865 0.03224447 0.03229099 -0.00007100
Entry Signal

MarketClub’s Trade Triangles for JPYAED

long term down The long-term trend has been DOWN since Feb 4th, 2021 at 0.03484018

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2021 at 0.03254911

short term down The short-term trend has been DOWN since Dec 6th, 2021 at 0.03244817

Smart Scan Analysis for JPYAED

Based on our trend formula, JPYAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03236209 0.03236865 0.03224447 0.03229099 -0.00007100
Prev. Close Volume Bid Ask Time
0.03236209 2021-12-08 18:02:38
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