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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

United Arab Emirates Dirham/Canadian Dollar (FOREX:AEDCAD)

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

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

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

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

FOREX_AEDCAD
Open High Low AEDCAD Price Change
0.34008891 0.34339019 0.34008891 0.34329917 +0.00321000
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.36329703

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.34503070

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 0.34134834

Smart Scan Analysis for AEDCAD

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

-70
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34008891 0.34339019 0.34008891 0.34329917 +0.00321000
Prev. Close Volume Bid Ask Time
0.34008891 2021-04-20 17:19:44
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