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Forex Trend Analysis Report

Prepared for you on Sunday, March 24, 2019.

United Arab Emirates Dirham/British Pound (FOREX:AEDGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_AEDGBP
Open High Low AEDGBP Price Change
0.206085 0.206085 0.206085 0.206085 0.000000
Entry Signal

MarketClub’s Trade Triangles for AEDGBP

long term down The long term trend has been DOWN since Feb 26th, 2019 at 0.206260

intermediate term down The intermediate term trend has been DOWN since Feb 25th, 2019 at 0.207980

short term up The short term trend has been UP since Mar 18th, 2019 at 0.205625

Smart Scan Analysis for AEDGBP

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

-85
Smart Scan Analysis for AEDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.206085 0.206085 0.206085 0.206085 0.000000
Prev. Close Volume Bid Ask Time
0.206085 0.206030 0.206140 2019-03-23 17:47:12
Want to analyze United Arab Emirates Dirham/British Pound AEDGBP or another symbol? Try our Free Forex Trend Analysis Report.