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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.

FOREX_AEDINR
Open High Low AEDINR Price Change
19.899266 20.083430 19.890642 20.083430 +0.184164
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 up The intermediate-term trend has been UP since Feb 26th, 2021 at 19.930207

short term up 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).

+70
Smart Scan Analysis for AEDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.899266 20.083430 19.890642 20.083430 +0.184164
Prev. Close Volume Bid Ask Time
19.899266 2021-02-26 09:25:42
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