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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

United Arab Emirates Dirham/Canadian Dollar (FOREX:AEDCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_AEDCAD
Open High Low AEDCAD Price Change
0.353045 0.353350 0.352065 0.352065 -0.000980
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term up The long term trend has been UP since Mar 5th, 2018 at 0.351375

intermediate term up The intermediate term trend has been UP since Sep 4th, 2018 at 0.358415

short term down The short term trend has been DOWN since Sep 11th, 2018 at 0.358270

Smart Scan Analysis for AEDCAD

Based on a pre-defined weighted trend formula for chart analysis, AEDCAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.353045 0.353350 0.352065 0.352065 -0.000980
Prev. Close Volume Bid Ask Time
0.353045 0.351970 0.352160 2018-09-19 15:22:37
Want to analyze United Arab Emirates Dirham/Canadian Dollar AEDCAD or another symbol? Try our Free Forex Trend Analysis Report.