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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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
1.02100 1.02125 1.02100 1.02100 0.00000
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 Sep 26th, 2017 at 1.0207

short term up The short term trend has been UP since Oct 17th, 2017 at 1.0212

Smart Scan Analysis for AEDSAR

Based on a pre-defined weighted trend formula for chart analysis, AEDSAR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AEDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.02100 1.02125 1.02100 1.02100 0.00000
Prev. Close Volume Bid Ask Time
1.02100 1.02040 1.02160 2017-10-20 02:52:57
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