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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

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

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_AEDCAD
Open High Low AEDCAD Price Change
0.340420 0.341070 0.339515 0.339580 -0.000840
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 up The intermediate term trend has been UP since Sep 27th, 2017 at 0.337840

short term up The short term trend has been UP since Oct 17th, 2017 at 0.340250

Smart Scan Analysis for AEDCAD

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

+60
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.340420 0.341070 0.339515 0.339580 -0.000840
Prev. Close Volume Bid Ask Time
0.340420 0.339490 0.339670 2017-10-18 15:35:19
Want to analyze United Arab Emirates Dirham/Canadian Dollar AEDCAD or another symbol? Try our Free Forex Trend Analysis Report.