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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_JODAED
Open High Low JODAED Price Change
5.1765 5.1765 5.1739 5.1745 -0.0020
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long term trend has been UP since Sep 2nd, 2018 at 5.19915

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 5.16250

short term up The short term trend has been UP since Dec 17th, 2018 at 5.18010

Smart Scan Analysis for JODAED

Based on a pre-defined weighted trend formula for chart analysis, JODAED scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1765 5.1765 5.1739 5.1745 -0.0020
Prev. Close Volume Bid Ask Time
5.1765 5.1714 5.1776 2018-12-18 05:55:11
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