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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

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

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
2.30705 2.31515 2.29950 2.30045 -0.00660
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 Jul 19th, 2018 at 2.23500

short term up The short term trend has been UP since Aug 9th, 2018 at 2.24935

Smart Scan Analysis for AEDNOK

Based on a pre-defined weighted trend formula for chart analysis, AEDNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for AEDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.30705 2.31515 2.29950 2.30045 -0.00660
Prev. Close Volume Bid Ask Time
2.30705 2.29910 2.30180 2018-08-17 18:27:01
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