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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.

FOREX_AUDAED
Open High Low AUDAED Price Change
2.7107959 2.7163557 2.7079186 2.7127421 +0.0019460
Entry Signal

MarketClub’s Trade Triangles for AUDAED

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 2.5731265

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 2.6546682

short term up 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).

+60
Smart Scan Analysis for AUDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7107959 2.7163557 2.7079186 2.7127421 +0.0019460
Prev. Close Volume Bid Ask Time
2.7107959 2020-11-27 17:18:55
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