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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 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
2.31515 2.31680 2.31105 2.31165 -0.00350
Entry Signal

MarketClub’s Trade Triangles for AEDNOK

long term up The long term trend has been UP since Nov 17th, 2016 at 2.31825

intermediate term up The intermediate term trend has been UP since Feb 14th, 2017 at 2.28615

short term up The short term trend has been UP since Mar 23rd, 2017 at 2.31210

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
2.31515 2.31680 2.31105 2.31165 -0.00350
Prev. Close Volume Bid Ask Time
2.31515 2.31020 2.31310 2017-03-24 13:21:21
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