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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

United Arab Emirates Dirham/Norwegian Krone (FOREX:AEDNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AEDNOK
Open High Low AEDNOK Price Change
2.2656 2.2698 2.2600 2.2624 -0.0032
Entry Signal

MarketClub’s Trade Triangles for AEDNOK

long term up The long term trend has been UP since Nov 14th, 2017 at 2.22880

intermediate term up The intermediate term trend has been UP since Sep 26th, 2017 at 2.14795

short term up The short term trend has been UP since Nov 28th, 2017 at 2.23500

Smart Scan Analysis for AEDNOK

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

+100
Smart Scan Analysis for AEDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2656 2.2698 2.2600 2.2624 -0.0032
Prev. Close Volume Bid Ask Time
2.2681 2.2611 2.2637 2017-12-08 14:48:22
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