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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

United Arab Emirates Dirham/South African Rand (FOREX:AEDZAR)

Bull Market Weakness (+75) - AEDZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid AEDZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDZAR
Open High Low AEDZAR Price Change
4.9506126 4.9751092 4.9007704 4.9021725 -0.0484400
Entry Signal

MarketClub’s Trade Triangles for AEDZAR

long term up The long-term trend has been UP since Feb 20th, 2020 at 4.1272844

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 3.9336410

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 5.0429054

Smart Scan Analysis for AEDZAR

Based on our trend formula, AEDZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for AEDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9506126 4.9751092 4.9007704 4.9021725 -0.0484400
Prev. Close Volume Bid Ask Time
4.9506126 4.8980886 4.9062563 2020-04-09 06:58:08
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