Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)
Bear Market Rally (-75) - AEDSAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AEDSAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AEDSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDSAR
The long-term trend has been DOWN since Jun 13th, 2021 at 1.0200917
The intermediate-term trend has been UP since Sep 28th, 2021 at 1.0216263
The short-term trend has been DOWN since Sep 30th, 2021 at 1.0209016
Smart Scan Analysis for AEDSAR
Based on our trend formula, AEDSAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).