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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

United Arab Emirates Dirham/Australian Dollar (FOREX:AEDAUD)

Long-Term Downtrend (-90) - AEDAUD is in a strong downtrend that is likely to continue. While AEDAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AEDAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDAUD
Open High Low AEDAUD Price Change
0.36858478 0.36861977 0.36842499 0.36851986 -0.00006500
Entry Signal

MarketClub’s Trade Triangles for AEDAUD

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 0.40752878

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.37766392

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 0.37177533

Smart Scan Analysis for AEDAUD

Based on our trend formula, AEDAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AEDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36858478 0.36861977 0.36842499 0.36851986 -0.00006500
Prev. Close Volume Bid Ask Time
0.36858478 2020-11-27 14:16:39
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