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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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_AEDBHD
Open High Low AEDBHD Price Change
0.102635 0.102730 0.102560 0.102560 -0.000075
Entry Signal

MarketClub’s Trade Triangles for AEDBHD

long term down The long term trend has been DOWN since Sep 2nd, 2018 at 0.102310

intermediate term down The intermediate term trend has been DOWN since Sep 16th, 2018 at 0.102051

short term up The short term trend has been UP since Oct 19th, 2018 at 0.102720

Smart Scan Analysis for AEDBHD

Based on a pre-defined weighted trend formula for chart analysis, AEDBHD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AEDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.102635 0.102730 0.102560 0.102560 -0.000075
Prev. Close Volume Bid Ask Time
0.102635 0.102500 0.102620 2018-10-19 18:27:29
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