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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.211580 0.212080 0.211015 0.211235 -0.000345
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 Dec 31st, 2018 at 0.213470

short term up The short term trend has been UP since Jan 20th, 2019 at 0.211615

Smart Scan Analysis for AEDGBP

Based on a pre-defined weighted trend formula for chart analysis, AEDGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AEDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.211580 0.212080 0.211015 0.211235 -0.000345
Prev. Close Volume Bid Ask Time
0.211580 0.211180 0.211290 2019-01-21 14:19:56
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