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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

United Arab Emirates Dirham/British Pound (FOREX:AEDGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

FOREX_AEDGBP
Open High Low AEDGBP Price Change
0.202575 0.203605 0.202575 0.203605 +0.001030
Entry Signal

MarketClub’s Trade Triangles for AEDGBP

long term down The long term trend has been DOWN since Apr 18th, 2017 at 0.215280

intermediate term down The intermediate term trend has been DOWN since Nov 23rd, 2017 at 0.204725

short term down The short term trend has been DOWN since Dec 15th, 2017 at 0.202625

Smart Scan Analysis for AEDGBP

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

-90
Smart Scan Analysis for AEDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.202575 0.203605 0.202575 0.203605 +0.001030
Prev. Close Volume Bid Ask Time
0.202575 0.203600 0.203610 2017-12-15 10:49:01
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