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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_AEDSEK
Open High Low AEDSEK Price Change
2.3993 2.3993 2.3932 2.3949 -0.0044
Entry Signal

MarketClub’s Trade Triangles for AEDSEK

long term up The long term trend has been UP since Apr 3rd, 2018 at 2.27645

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2018 at 2.46345

short term down The short term trend has been DOWN since Sep 2nd, 2018 at 2.47855

Smart Scan Analysis for AEDSEK

Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AEDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3993 2.3993 2.3932 2.3949 -0.0044
Prev. Close Volume Bid Ask Time
2.3993 2.3935 2.3963 2018-09-24 20:59:03
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