Forex Trend Analysis Report
Prepared for you on Thursday, November 15, 2018.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 AEDCHF
The long term trend has been UP since Oct 31st, 2018 at 0.273945
The intermediate term trend has been UP since Sep 27th, 2018 at 0.265445
The short term trend has been UP since Nov 9th, 2018 at 0.273565
Smart Scan Analysis for AEDCHF
Based on a pre-defined weighted trend formula for chart analysis, AEDCHF scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).