Forex Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
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 AEDCHF
The long term trend has been UP since Apr 25th, 2018 at 0.267575
The intermediate term trend has been UP since Jun 18th, 2018 at 0.271705
The short term trend has been DOWN since Jul 20th, 2018 at 0.270455
Smart Scan Analysis for AEDCHF
Based on a pre-defined weighted trend formula for chart analysis, AEDCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).