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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_AEDGBP
Open High Low AEDGBP Price Change
0.20705 0.20705 0.20626 0.20626 -0.00079
Entry Signal

MarketClub’s Trade Triangles for AEDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.197945

intermediate term down The intermediate term trend has been DOWN since Aug 30th, 2018 at 0.209400

short term down The short term trend has been DOWN since Sep 10th, 2018 at 0.210035

Smart Scan Analysis for AEDGBP

Based on a pre-defined weighted trend formula for chart analysis, AEDGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AEDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20705 0.20705 0.20626 0.20626 -0.00079
Prev. Close Volume Bid Ask Time
0.20705 0.20622 0.20630 2018-09-20 06:28:41
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