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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/United Arab Emirates Dirham (FOREX:USDAED)
Bear Market Rally (-75) - USDAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDAED as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDAED
The long-term trend has been DOWN since Dec 16th, 2024 at 3.672870
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 3.672950
The short-term trend has been DOWN since Jan 16th, 2025 at 3.672975
Smart Scan Analysis for USDAED
Based on our trend formula, USDAED is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.67299 | 3.67303 | 3.67299 | 3.67302 | +0.00003 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.67299 | 2025-01-20 06:40:08 |