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Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AEDAUD
Open High Low AEDAUD Price Change
0.361725 0.361845 0.361725 0.361845 +0.000120
Entry Signal

MarketClub’s Trade Triangles for AEDAUD

long term up The long term trend has been UP since Apr 20th, 2018 at 0.354775

intermediate term down The intermediate term trend has been DOWN since May 21st, 2018 at 0.359070

short term down The short term trend has been DOWN since May 21st, 2018 at 0.361240

Smart Scan Analysis for AEDAUD

Based on a pre-defined weighted trend formula for chart analysis, AEDAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AEDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.361725 0.361845 0.361725 0.361845 +0.000120
Prev. Close Volume Bid Ask Time
0.361725 0.361770 0.361920 2018-05-23 05:51:33
Want to analyze United Arab Emirates Dirham/Australian Dollar AEDAUD or another symbol? Try our Free Forex Trend Analysis Report.