Today's AED to MAD Price Update

Summary

This report provides the real-time exchange rate between the United Arab Emirates Dirham (AED) and the Moroccan Dirham (MAD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The United Arab Emirates Dirham (AED) and the Moroccan Dirham (MAD) are both important fiat currencies in their respective regions. The exchange rate between them reflects market conditions and the relative economic strength of the UAE and Morocco.

Today’s Price

• 1 AED = 2.49 MAD
• 24h High: 2.4943 MAD
• 24h Low: 2.492 MAD

Market Analysis

Recent AED/MAD price movements show relatively tight consolidation within a narrow trading range. Based on technical analysis, the pair currently displays a Strong Sell signal according to moving averages and related technical indicators, with MACD at -0.002 indicating weakening momentum.

• Technical levels: Recent trading range between 2.4919 and 2.4998 MAD
• Technical indicators: Strong Sell signal from moving averages; MACD near neutral territory
• Market outlook: Short-term forecasts suggest potential upside of approximately 0.30% in the coming month

Conclusion

Continue to monitor the AED/MAD pair closely, integrating technical signals with broader market conditions. Traders should pay attention to the current Strong Sell signal and the narrow consolidation range when planning their trading strategies.