Forex Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)
Countertrend Up (+85) - AEDSAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 29th, 2019 at 1.0244500
The intermediate-term trend has been UP since Feb 25th, 2020 at 1.0218646
The short-term trend has been DOWN since Feb 28th, 2020 at 1.0211377
Smart Scan Analysis for AEDSAR
Based on our trend formula, AEDSAR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).