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Forex Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_AEDSAR
Open High Low AEDSAR Price Change
1.0207 1.0213 1.0207 1.0210 +0.0003
Entry Signal

MarketClub’s Trade Triangles for AEDSAR

long term down The long term trend has been DOWN since May 30th, 2017 at 1.0205

intermediate term down The intermediate term trend has been DOWN since Jun 27th, 2017 at 1.0207

short term down The short term trend has been DOWN since Aug 17th, 2017 at 1.0208

Smart Scan Analysis for AEDSAR

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

-90
Smart Scan Analysis for AEDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0207 1.0213 1.0207 1.0210 +0.0003
Prev. Close Volume Bid Ask Time
1.0211 1.0204 1.0216 2017-08-17 21:43:44
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