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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_AEDDKK
Open High Low AEDDKK Price Change
1.79090 1.79175 1.79055 1.79175 +0.00085
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 Jan 24th, 2019 at 1.79695

short term down The short term trend has been DOWN since Feb 13th, 2019 at 1.79160

Smart Scan Analysis for AEDDKK

Based on a pre-defined weighted trend formula for chart analysis, AEDDKK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for AEDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.79090 1.79175 1.79055 1.79175 +0.00085
Prev. Close Volume Bid Ask Time
1.79090 1.79070 1.79280 2019-02-20 02:29:43
Want to analyze United Arab Emirates Dirham/Danish Krone AEDDKK or another symbol? Try our Free Forex Trend Analysis Report.