Forex Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
Crossroads (-60) - AEDCHF 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 AEDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDCHF
The long-term trend has been UP since Mar 1st, 2021 at 0.24742381
The intermediate-term trend has been DOWN since Apr 12th, 2021 at 0.25134767
The short-term trend has been DOWN since May 14th, 2021 at 0.24542064
Smart Scan Analysis for AEDCHF
Based on our trend formula, AEDCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).