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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

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

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_AEDSEK
Open High Low AEDSEK Price Change
2.4069 2.4139 2.4069 2.4126 +0.0057
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 Jul 9th, 2018 at 2.37295

short term down The short term trend has been DOWN since Jul 17th, 2018 at 2.39900

Smart Scan Analysis for AEDSEK

Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for AEDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4069 2.4139 2.4069 2.4126 +0.0057
Prev. Close Volume Bid Ask Time
2.4069 2.4112 2.4140 2018-07-18 20:14:26
Want to analyze United Arab Emirates Dirham/Swedish Krona AEDSEK or another symbol? Try our Free Forex Trend Analysis Report.