Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 16, 2018.

United Arab Emirates Dirham/South African Rand (FOREX:AEDZAR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AEDZAR
Open High Low AEDZAR Price Change
3.35000 3.36465 3.32260 3.33325 -0.01675
Entry Signal

MarketClub’s Trade Triangles for AEDZAR

long term down The long term trend has been DOWN since Dec 18th, 2017 at 3.46955

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2017 at 3.78630

short term down The short term trend has been DOWN since Jan 15th, 2018 at 3.36300

Smart Scan Analysis for AEDZAR

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

-100
Smart Scan Analysis for AEDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.35000 3.36465 3.32260 3.33325 -0.01675
Prev. Close Volume Bid Ask Time
3.35000 3.33180 3.33470 2018-01-16 06:33:24
Want to analyze United Arab Emirates Dirham/South African Rand AEDZAR or another symbol? Try our Free Forex Trend Analysis Report.