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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.

FOREX_AEDTRY
Open High Low AEDTRY Price Change
1.6479269 1.6485966 1.6443955 1.6452667 -0.0026600
Entry Signal

MarketClub’s Trade Triangles for AEDTRY

long term up The long term trend has been UP since Aug 25th, 2019 at 1.7005000

intermediate term up The intermediate term trend has been UP since Feb 4th, 2020 at 1.6299806

short term up 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).

+90
Smart Scan Analysis for AEDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6479269 1.6485966 1.6443955 1.6452667 -0.0026600
Prev. Close Volume Bid Ask Time
1.6479269 1.6449944 1.6455389 2020-02-17 01:49:55
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