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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.

FOREX_AEDSAR
Open High Low AEDSAR Price Change
1.0293848 1.0293848 1.0210388 1.0293848 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AEDSAR

long term up The long-term trend has been UP since Jan 13th, 2021 at 1.0246536

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2021 at 1.0205378

short term up 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).

+75
Smart Scan Analysis for AEDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0293848 1.0293848 1.0210388 1.0293848 0.0000000
Prev. Close Volume Bid Ask Time
1.0293848 2021-05-08 11:31:00
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