Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
United Arab Emirates Dirham/Hong Kong Dollar (FOREX:AEDHKD)
Crossroads (+60) - AEDHKD 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 AEDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDHKD
The long-term trend has been DOWN since Jun 11th, 2019 at 2.1318000
The intermediate-term trend has been UP since Feb 20th, 2020 at 2.1179217
The short-term trend has been UP since Feb 14th, 2020 at 2.1149815
Smart Scan Analysis for AEDHKD
Based on our trend formula, AEDHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).