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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

United Arab Emirates Dirham/Japanese Yen (FOREX:AEDJPY)

Crossroads (+60) - AEDJPY 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 AEDJPY?

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

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

FOREX_AEDJPY
Open High Low AEDJPY Price Change
29.659472 29.659744 29.638193 29.638193 -0.021279
Entry Signal

MarketClub’s Trade Triangles for AEDJPY

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 29.386061

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2020 at 30.180635

short term up The short-term trend has been UP since Apr 3rd, 2020 at 29.529951

Smart Scan Analysis for AEDJPY

Based on our trend formula, AEDJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AEDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.659472 29.659744 29.638193 29.638193 -0.021279
Prev. Close Volume Bid Ask Time
29.659472 29.630124 29.646261 2020-04-09 04:48:28
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