Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

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

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
0.355915 0.355915 0.355915 0.355915 0.000000
Entry Signal

MarketClub’s Trade Triangles for AEDCAD

long term down The long term trend has been DOWN since Jun 27th, 2019 at 0.357580

intermediate term down The intermediate term trend has been DOWN since Jun 5th, 2019 at 0.364425

short term up The short term trend has been UP since Jul 16th, 2019 at 0.355905

Smart Scan Analysis for AEDCAD

Based on a pre-defined weighted trend formula for chart analysis, AEDCAD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AEDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.355915 0.355915 0.355915 0.355915 0.000000
Prev. Close Volume Bid Ask Time
0.355945 0.355820 0.356010 2019-07-20 09:56:59
Want to analyze United Arab Emirates Dirham/Canadian Dollar AEDCAD or another symbol? Try our Free Forex Trend Analysis Report.