Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Australian Dollar/United Arab Emirates Dirham (FOREX:AUDAED)
Crossroads (+60) - AUDAED 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 AUDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDAED
The long-term trend has been DOWN since Nov 2nd, 2020 at 2.5731265
The intermediate-term trend has been UP since Nov 5th, 2020 at 2.6546682
The short-term trend has been UP since Nov 23rd, 2020 at 2.6892425
Smart Scan Analysis for AUDAED
Based on our trend formula, AUDAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).