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.
MarketClub’s Trade Triangles for AEDCAD
The long term trend has been UP since Mar 5th, 2018 at 0.351375
The intermediate term trend has been UP since Sep 4th, 2018 at 0.358415
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).