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Forex Trend Analysis Report

Prepared for you on Thursday, July 16, 2020.

United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)

Bear Market Rally (-75) - AEDINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AEDINR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid AEDINR?

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

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

FOREX_AEDINR
Open High Low AEDINR Price Change
20.488071 20.494530 20.485075 20.489766 +0.001695
Entry Signal

MarketClub’s Trade Triangles for AEDINR

long term down The long-term trend has been DOWN since Jul 2nd, 2020 at 20.421427

intermediate term down The intermediate-term trend has been DOWN since Jul 2nd, 2020 at 20.527198

short term up The short-term trend has been UP since Jul 8th, 2020 at 20.456279

Smart Scan Analysis for AEDINR

Based on our trend formula, AEDINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AEDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.488071 20.494530 20.485075 20.489766 +0.001695
Prev. Close Volume Bid Ask Time
20.488071 20.487535 20.491997 2020-07-16 06:37:19
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