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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

US Dollar/United Arab Emirates Dirham (FOREX:USDAED)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_USDAED
Open High Low USDAED Price Change
3.67290 3.67310 3.67285 3.67305 +0.00015
Entry Signal

MarketClub’s Trade Triangles for USDAED

long term up The long term trend has been UP since May 2nd, 2017 at 3.67315

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2017 at 3.67270

short term up The short term trend has been UP since Oct 18th, 2017 at 3.67305

Smart Scan Analysis for USDAED

Based on a pre-defined weighted trend formula for chart analysis, USDAED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.67290 3.67310 3.67285 3.67305 +0.00015
Prev. Close Volume Bid Ask Time
3.67300 3.67230 3.67380 2017-10-19 11:52:44
Want to analyze US Dollar/United Arab Emirates Dirham USDAED or another symbol? Try our Free Forex Trend Analysis Report.