Forex Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
United Arab Emirates Dirham/British Pound (FOREX:AEDGBP)
Weak Downtrend (-65) - AEDGBP is showing signs of a strengthening downtrend. Monitor AEDGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AEDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDGBP
The long-term trend has been DOWN since Jul 24th, 2020 at 0.21290771
The intermediate-term trend has been DOWN since Oct 9th, 2020 at 0.20957431
The short-term trend has been UP since Jan 15th, 2021 at 0.19992785
Smart Scan Analysis for AEDGBP
Based on our trend formula, AEDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).