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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_AEDNOK
Open High Low AEDNOK Price Change
2.19275 2.19515 2.19275 2.19285 +0.00010
Entry Signal

MarketClub’s Trade Triangles for AEDNOK

long term up The long term trend has been UP since May 2nd, 2018 at 2.18255

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 2.13495

short term down The short term trend has been DOWN since May 21st, 2018 at 2.19445

Smart Scan Analysis for AEDNOK

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

+55
Smart Scan Analysis for AEDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.19275 2.19515 2.19275 2.19285 +0.00010
Prev. Close Volume Bid Ask Time
2.19275 2.19160 2.19410 2018-05-22 03:12:25
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