Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Downtrend (-65) - USDAED is showing signs of a strengthening downtrend. Monitor USDAED as it may be building momentum to the downside.

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
3.67294 3.67300 3.67294 3.67300 +0.00006
Entry Signal

MarketClub’s Trade Triangles for USDAED

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 3.672055

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 3.672905

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 3.672950

Smart Scan Analysis for USDAED

Based on our trend formula, USDAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.67294 3.67300 3.67294 3.67300 +0.00006
Prev. Close Volume Bid Ask Time
3.67294 2024-07-26 17:00:05
Get a free daily analysis and signals for US Dollar/United Arab Emirates Dirham (USDAED) - Request Your Free Report.