Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)

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_AEDBHD
Open High Low AEDBHD Price Change
0.10262838 0.10265856 0.10260698 0.10263401 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for AEDBHD

long term up The long term trend has been UP since Dec 29th, 2019 at 0.10288379

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.10248074

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.10263059

Smart Scan Analysis for AEDBHD

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

-70
Smart Scan Analysis for AEDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10262838 0.10265856 0.10260698 0.10263401 +0.00000600
Prev. Close Volume Bid Ask Time
0.10262838 0.10257102 0.10269699 2020-01-22 09:33:47
Get a free daily report for United Arab Emirates Dirham/Bahraini Dinar (AEDBHD) - Free Trend Analysis Report.