Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)
Weak Downtrend (-65) - AEDSAR is showing signs of a strengthening downtrend. Monitor AEDSAR as it may be building momentum to the downside.
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 Oct 26th, 2020 at 1.0243010
The intermediate-term trend has been DOWN since Nov 16th, 2020 at 1.0199621
The short-term trend has been DOWN since Nov 22nd, 2020 at 1.0206811
Smart Scan Analysis for AEDSAR
Based on our trend formula, AEDSAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).