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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

United Arab Emirates Dirham/Euro (FOREX:AEDEUR)

Long-Term Downtrend (-90) - AEDEUR is in a strong downtrend that is likely to continue. While AEDEUR 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 AEDEUR?

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

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

FOREX_AEDEUR
Open High Low AEDEUR Price Change
0.23044137 0.23044137 0.23037767 0.23039359 -0.00004800
Entry Signal

MarketClub’s Trade Triangles for AEDEUR

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 0.23860093

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.24833625

short term down The short-term trend has been DOWN since Aug 13th, 2020 at 0.23048387

Smart Scan Analysis for AEDEUR

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

-90
Smart Scan Analysis for AEDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23044137 0.23044137 0.23037767 0.23039359 -0.00004800
Prev. Close Volume Bid Ask Time
0.23044137 0.23026089 0.23052629 2020-08-14 01:47:08
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