Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
United Arab Emirates Dirham/Turkish Lira (FOREX:AEDTRY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for AEDTRY
The long term trend has been UP since Aug 25th, 2019 at 1.7005000
The intermediate term trend has been UP since Feb 4th, 2020 at 1.6299806
The short term trend has been UP since Feb 11th, 2020 at 1.6409399
Smart Scan Analysis for AEDTRY
Based on a pre-defined weighted trend formula for chart analysis, AEDTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).