Forex Trend Analysis Report
Prepared for you on Thursday, July 2, 2020.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
Countertrend Down (-85) - AEDCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 17th, 2019 at 0.26701500
The intermediate-term trend has been DOWN since May 29th, 2020 at 0.26178402
The short-term trend has been UP since Jun 29th, 2020 at 0.25859107
Smart Scan Analysis for AEDCHF
Based on our trend formula, AEDCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).