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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Australian Dollar/United Arab Emirates Dirham (FOREX:AUDAED)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_AUDAED
Open High Low AUDAED Price Change
2.65180 2.65395 2.63900 2.63900 -0.01280
Entry Signal

MarketClub’s Trade Triangles for AUDAED

long term up The long term trend has been UP since Dec 2nd, 2018 at 2.6960

intermediate term down The intermediate term trend has been DOWN since Dec 9th, 2018 at 2.6440

short term down The short term trend has been DOWN since Dec 5th, 2018 at 2.6846

Smart Scan Analysis for AUDAED

Based on a pre-defined weighted trend formula for chart analysis, AUDAED scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AUDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.65180 2.65395 2.63900 2.63900 -0.01280
Prev. Close Volume Bid Ask Time
2.65180 2.63740 2.64060 2018-12-10 12:42:41
Want to analyze Australian Dollar/United Arab Emirates Dirham AUDAED or another symbol? Try our Free Forex Trend Analysis Report.