Forex Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for AEDINR
The long term trend has been UP since Mar 1st, 2018 at 17.7610
The intermediate term trend has been DOWN since Nov 1st, 2018 at 19.9090
The short term trend has been UP since Dec 3rd, 2018 at 19.0425
Smart Scan Analysis for AEDINR
Based on a pre-defined weighted trend formula for chart analysis, AEDINR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).