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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)

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_AEDINR
Open High Low AEDINR Price Change
19.385342 19.385342 19.374218 19.375979 -0.009363
Entry Signal

MarketClub’s Trade Triangles for AEDINR

long term up The long term trend has been UP since Aug 6th, 2019 at 19.324500

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 19.311189

short term up The short term trend has been UP since Jan 16th, 2020 at 19.318443

Smart Scan Analysis for AEDINR

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

-55
Smart Scan Analysis for AEDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.385342 19.385342 19.374218 19.375979 -0.009363
Prev. Close Volume Bid Ask Time
19.385342 19.375187 19.376770 2020-01-21 09:36:51
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