Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
US Dollar/United Arab Emirates Dirham (FOREX:USDAED)
Weak Downtrend (-65) - USDAED is showing signs of a strengthening downtrend. Monitor USDAED as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDAED
The long-term trend has been DOWN since Oct 19th, 2021 at 3.67155
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 3.67290
The short-term trend has been DOWN since Sep 20th, 2021 at 3.67295
Smart Scan Analysis for USDAED
Based on our trend formula, USDAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).