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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

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

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_AEDSAR
Open High Low AEDSAR Price Change
1.0210 1.0218 1.0203 1.0210 0.0000
Entry Signal

MarketClub’s Trade Triangles for AEDSAR

long term up The long term trend has been UP since Jun 8th, 2018 at 1.0251

intermediate term up The intermediate term trend has been UP since Jun 8th, 2018 at 1.0219

short term down The short term trend has been DOWN since Jul 16th, 2018 at 1.0208

Smart Scan Analysis for AEDSAR

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

+55
Smart Scan Analysis for AEDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0210 1.0218 1.0203 1.0210 0.0000
Prev. Close Volume Bid Ask Time
1.0210 1.0204 1.0216 2018-07-18 23:33:56
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