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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Australian Dollar/United Arab Emirates Dirham (FOREX:AUDAED)

Sidelines Mode (+55) - AUDAED 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 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.

FOREX_AUDAED
Open High Low AUDAED Price Change
2.8726068 2.8758326 2.8576404 2.8576404 -0.0149660
Entry Signal

MarketClub’s Trade Triangles for AUDAED

long term up The long-term trend has been UP since Dec 2nd, 2020 at 2.7196571

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2021 at 2.8539441

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 2.8863373

Smart Scan Analysis for AUDAED

Based on our trend formula, AUDAED is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8726068 2.8758326 2.8576404 2.8576404 -0.0149660
Prev. Close Volume Bid Ask Time
2.8726068 2021-03-03 16:39:16
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