Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)
Sidelines Mode (-55) - AEDSAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Feb 24th, 2021 at 1.0206866
The short-term trend has been UP since Mar 3rd, 2021 at 1.0214422
Smart Scan Analysis for AEDSAR
Based on our trend formula, AEDSAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).