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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

US Dollar/United Arab Emirates Dirham (FOREX:USDAED)

Crossroads (-60) - USDAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDAED
Open High Low USDAED Price Change
3.67305 3.67305 3.67305 3.67305 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDAED

long term up The long-term trend has been UP since Jan 2nd, 2020 at 3.67323

intermediate term down The intermediate-term trend has been DOWN since Apr 27th, 2020 at 3.67295

short term down The short-term trend has been DOWN since May 12th, 2020 at 3.67300

Smart Scan Analysis for USDAED

Based on our trend formula, USDAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.67305 3.67305 3.67305 3.67305 0.00000
Prev. Close Volume Bid Ask Time
3.67320 3.67265 3.67345 2020-05-24 15:00:52
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