Forex Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
United Arab Emirates Dirham/Turkish Lira (FOREX:AEDTRY)
Countertrend Up (+85) - AEDTRY 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 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 Sep 24th, 2021 at 2.3972203
The intermediate-term trend has been UP since Sep 16th, 2021 at 2.3184962
The short-term trend has been DOWN since Oct 4th, 2021 at 2.4047624
Smart Scan Analysis for AEDTRY
Based on our trend formula, AEDTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).