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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

United Arab Emirates Dirham/Icelandic Krona (FOREX:AEDISK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_AEDISK
Open High Low AEDISK Price Change
33.4175 33.4280 33.2125 33.3080 -0.1095
Entry Signal

MarketClub’s Trade Triangles for AEDISK

long term up The long term trend has been UP since May 4th, 2018 at 27.91375

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2018 at 33.31700

short term down The short term trend has been DOWN since Dec 17th, 2018 at 33.51400

Smart Scan Analysis for AEDISK

Based on a pre-defined weighted trend formula for chart analysis, AEDISK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AEDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.4175 33.4280 33.2125 33.3080 -0.1095
Prev. Close Volume Bid Ask Time
33.4175 33.2220 33.3940 2018-12-18 13:17:44
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