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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Euro/United Arab Emirates Dirham (FOREX:EURAED)

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.

Open High Low EURAED Price Change
4.3385 4.3395 4.3286 4.3332 -0.0053
Entry Signal

MarketClub’s Trade Triangles for EURAED

long term down The long term trend has been DOWN since Nov 7th, 2017 at 4.2642

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 4.3457

short term up The short term trend has been UP since Nov 10th, 2017 at 4.2798

Smart Scan Analysis for EURAED

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

Smart Scan Analysis for EURAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3385 4.3395 4.3286 4.3332 -0.0053
Prev. Close Volume Bid Ask Time
4.3385 4.3307 4.3357 2017-11-17 14:17:49
Want to analyze Euro/United Arab Emirates Dirham EURAED or another symbol? Try our Free Forex Trend Analysis Report.