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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.

FOREX_AEDINR
Open High Low AEDINR Price Change
19.4325 19.4325 19.4325 19.4325 0.0000
Entry Signal

MarketClub’s Trade Triangles for AEDINR

long term up The long term trend has been UP since Mar 1st, 2018 at 17.7610

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 19.9090

short term up 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).

+75
Smart Scan Analysis for AEDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.4325 19.4325 19.4325 19.4325 0.0000
Prev. Close Volume Bid Ask Time
19.4325 19.4310 19.4340 2018-12-09 14:55:28
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