Forex Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
Crossroads (+60) - AEDSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AEDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDSEK
The long-term trend has been DOWN since Jun 2nd, 2020 at 2.5387545
The intermediate-term trend has been UP since Mar 1st, 2021 at 2.2988456
The short-term trend has been UP since Feb 26th, 2021 at 2.2665656
Smart Scan Analysis for AEDSEK
Based on our trend formula, AEDSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).