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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

United Arab Emirates Dirham/Euro (FOREX:AEDEUR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.

FOREX_AEDEUR
Open High Low AEDEUR Price Change
0.239590 0.241455 0.239590 0.240655 +0.001065
Entry Signal

MarketClub’s Trade Triangles for AEDEUR

long term up The long term trend has been UP since May 2nd, 2018 at 0.225600

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2018 at 0.235855

short term up The short term trend has been UP since Dec 11th, 2018 at 0.239835

Smart Scan Analysis for AEDEUR

Based on a pre-defined weighted trend formula for chart analysis, AEDEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for AEDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.239590 0.241455 0.239590 0.240655 +0.001065
Prev. Close Volume Bid Ask Time
0.239590 0.240510 0.240800 2018-12-14 18:05:30
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