Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

United Arab Emirates Dirham/Canadian Dollar (FOREX:AEDCAD)

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_AEDCAD
Open High Low AEDCAD Price Change
0.360615 0.360615 0.360315 0.360315 -0.000300
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term up The long term trend has been UP since Nov 9th, 2018 at 0.35971

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2019 at 0.36422

short term up The short term trend has been UP since Feb 14th, 2019 at 0.36228

Smart Scan Analysis for AEDCAD

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

+65
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.360615 0.360615 0.360315 0.360315 -0.000300
Prev. Close Volume Bid Ask Time
0.360615 0.360220 0.360410 2019-02-17 20:18:11
Want to analyze United Arab Emirates Dirham/Canadian Dollar AEDCAD or another symbol? Try our Free Forex Trend Analysis Report.