Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)
Bull Market Weakness (+75) - AEDSAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDSAR as it may be in the beginning stages 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 UP since Jan 13th, 2021 at 1.0246536
The intermediate-term trend has been DOWN since Apr 6th, 2021 at 1.0205378
The short-term trend has been UP since Apr 18th, 2021 at 1.0214835
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).