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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

United Arab Emirates Dirham/US Dollar (FOREX:AEDUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_AEDUSD
Open High Low AEDUSD Price Change
0.272264 0.272265 0.272245 0.272245 -0.000019
Entry Signal

MarketClub’s Trade Triangles for AEDUSD

long term down The long term trend has been DOWN since Dec 28th, 2017 at 0.272245

intermediate term up The intermediate term trend has been UP since Aug 2nd, 2018 at 0.272260

short term up The short term trend has been UP since Aug 19th, 2018 at 0.272260

Smart Scan Analysis for AEDUSD

Based on a pre-defined weighted trend formula for chart analysis, AEDUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AEDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.272264 0.272265 0.272245 0.272245 -0.000019
Prev. Close Volume Bid Ask Time
0.272264 0.272170 0.272320 2018-08-19 20:23:13
Want to analyze United Arab Emirates Dirham/US Dollar AEDUSD or another symbol? Try our Free Forex Trend Analysis Report.