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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

United Arab Emirates Dirham/Euro (FOREX:AEDEUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_AEDEUR
Open High Low AEDEUR Price Change
0.230495 0.230775 0.230440 0.230775 +0.000280
Entry Signal

MarketClub’s Trade Triangles for AEDEUR

long term up The long term trend has been UP since Nov 7th, 2017 at 0.234510

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.230220

short term down The short term trend has been DOWN since Nov 10th, 2017 at 0.233655

Smart Scan Analysis for AEDEUR

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

-60
Smart Scan Analysis for AEDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.230495 0.230775 0.230440 0.230775 +0.000280
Prev. Close Volume Bid Ask Time
0.230495 0.230640 0.230910 2017-11-17 14:17:49
Want to analyze United Arab Emirates Dirham/Euro AEDEUR or another symbol? Try our Free Forex Trend Analysis Report.