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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 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.

FOREX_AEDZAR
Open High Low AEDZAR Price Change
3.88850 3.88945 3.88850 3.88910 +0.00060
Entry Signal

MarketClub’s Trade Triangles for AEDZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 3.70510

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 3.86785

short term up The short term trend has been UP since Dec 5th, 2018 at 3.77900

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).

+60
Smart Scan Analysis for AEDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.88850 3.88945 3.88850 3.88910 +0.00060
Prev. Close Volume Bid Ask Time
3.88850 3.88800 3.89020 2018-12-12 00:13:54
Want to analyze United Arab Emirates Dirham/South African Rand AEDZAR or another symbol? Try our Free Forex Trend Analysis Report.