Forex Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
United Arab Emirates Dirham/Euro (FOREX:AEDEUR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for AEDEUR
The long term trend has been DOWN since Jan 2nd, 2018 at 0.226420
The intermediate term trend has been UP since Apr 3rd, 2018 at 0.221920
The short term trend has been UP since Apr 20th, 2018 at 0.220615
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).