Forex Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
United Arab Emirates Dirham/Turkish Lira (FOREX:AEDTRY)
Sidelines Mode (-55) - AEDTRY 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 AEDTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDTRY
The long-term trend has been UP since Aug 25th, 2019 at 1.7005000
The intermediate-term trend has been DOWN since Nov 12th, 2020 at 2.1183709
The short-term trend has been UP since Nov 23rd, 2020 at 2.1059309
Smart Scan Analysis for AEDTRY
Based on our trend formula, AEDTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).