Forex Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
United Arab Emirates Dirham/South African Rand (FOREX:AEDZAR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for AEDZAR
The long term trend has been DOWN since Dec 18th, 2017 at 3.46955
The intermediate term trend has been UP since Mar 19th, 2018 at 3.27285
The short term trend has been UP since Mar 15th, 2018 at 3.23200
Smart Scan Analysis for AEDZAR
Based on a pre-defined weighted trend formula for chart analysis, AEDZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).