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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2025.

Euro/United Arab Emirates Dirham (FOREX:EURAED)

Crossroads (+60) - EURAED 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 EURAED?

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

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

FOREX_EURAED
Open High Low EURAED Price Change
3.8374 3.8640 3.8374 3.8551 +0.0177
Entry Signal

MarketClub’s Trade Triangles for EURAED

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 3.9575

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2025 at 3.8386

short term up The short-term trend has been UP since Jan 15th, 2025 at 3.7859

Smart Scan Analysis for EURAED

Based on our trend formula, EURAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8374 3.8640 3.8374 3.8551 +0.0177
Prev. Close Volume Bid Ask Time
3.8374 2025-01-24 17:16:44
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