Forex Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
United Arab Emirates Dirham/Australian Dollar (FOREX:AEDAUD)
Bull Market Weakness (+75) - AEDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDAUD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for AEDAUD
The long-term trend has been UP since Apr 1st, 2021 at 0.35971912
The intermediate-term trend has been DOWN since Sep 3rd, 2021 at 0.36895196
The short-term trend has been UP since Sep 8th, 2021 at 0.36851930
Smart Scan Analysis for AEDAUD
Based on our trend formula, AEDAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).