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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

United Arab Emirates Dirham/Danish Krone (FOREX:AEDDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_AEDDKK
Open High Low AEDDKK Price Change
1.8187 1.8225 1.8187 1.8218 +0.0031
Entry Signal

MarketClub’s Trade Triangles for AEDDKK

long term up The long term trend has been UP since May 2nd, 2018 at 1.68085

intermediate term up The intermediate term trend has been UP since Apr 1st, 2019 at 1.81250

short term up The short term trend has been UP since May 14th, 2019 at 1.81150

Smart Scan Analysis for AEDDKK

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

+100
Smart Scan Analysis for AEDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8187 1.8225 1.8187 1.8218 +0.0031
Prev. Close Volume Bid Ask Time
1.8187 1.8207 1.8229 2019-05-17 18:02:52
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