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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_AEDCAD
Open High Low AEDCAD Price Change
0.34961 0.35016 0.34960 0.34986 +0.00025
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term down The long term trend has been DOWN since Jun 14th, 2017 at 0.360265

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2017 at 0.345265

short term down The short term trend has been DOWN since Dec 5th, 2017 at 0.345985

Smart Scan Analysis for AEDCAD

Based on a pre-defined weighted trend formula for chart analysis, AEDCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34961 0.35016 0.34960 0.34986 +0.00025
Prev. Close Volume Bid Ask Time
0.34961 0.34979 0.34993 2017-12-11 12:32:56
Want to analyze United Arab Emirates Dirham/Canadian Dollar AEDCAD or another symbol? Try our Free Forex Trend Analysis Report.