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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

United Arab Emirates Dirham/Hong Kong Dollar (FOREX:AEDHKD)

Sidelines Mode (+55) - AEDHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_AEDHKD
Open High Low AEDHKD Price Change
2.1103806 2.1105167 2.1102418 2.1104350 +0.0000540
Entry Signal

MarketClub’s Trade Triangles for AEDHKD

long term up The long-term trend has been UP since Sep 3rd, 2020 at 2.1122863

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2020 at 2.1100539

short term up The short-term trend has been UP since Nov 30th, 2020 at 2.1104653

Smart Scan Analysis for AEDHKD

Based on our trend formula, AEDHKD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AEDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1103806 2.1105167 2.1102418 2.1104350 +0.0000540
Prev. Close Volume Bid Ask Time
2.1103806 2020-12-03 04:51:49
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