Forex Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 DOWN since Aug 27th, 2018 at 0.266830
The intermediate term trend has been DOWN since Jul 31st, 2018 at 0.268985
The short term trend has been DOWN since Sep 13th, 2018 at 0.264015
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).