Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
United Arab Emirates Dirham/Swiss Franc (FOREX:AEDCHF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.
MarketClub’s Trade Triangles for AEDCHF
The long term trend has been UP since Mar 7th, 2019 at 0.274745
The intermediate term trend has been DOWN since Mar 20th, 2019 at 0.270655
The short term trend has been DOWN since Mar 12th, 2019 at 0.274190
Smart Scan Analysis for AEDCHF
Based on a pre-defined weighted trend formula for chart analysis, AEDCHF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).