Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)
Bull Market Weakness (+75) - AEDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDINR as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for AEDINR
The long-term trend has been DOWN since Jul 2nd, 2020 at 20.421427
The intermediate-term trend has been UP since Feb 26th, 2021 at 19.930207
The short-term trend has been UP since Feb 26th, 2021 at 19.748996
Smart Scan Analysis for AEDINR
Based on our trend formula, AEDINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).