Forex Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
United Arab Emirates Dirham/US Dollar (FOREX:AEDUSD)
Bull Market Weakness (+75) - AEDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AEDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDUSD
The long-term trend has been UP since Jan 15th, 2021 at 0.27227925
The intermediate-term trend has been UP since Jan 15th, 2021 at 0.27227925
The short-term trend has been UP since Mar 2nd, 2021 at 0.27225703
Smart Scan Analysis for AEDUSD
Based on our trend formula, AEDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).