Forex Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
United Arab Emirates Dirham/British Pound (FOREX:AEDGBP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 AEDGBP
The long term trend has been DOWN since Oct 17th, 2019 at 0.21437000
The intermediate term trend has been UP since Nov 10th, 2019 at 0.21273415
The short term trend has been DOWN since Nov 11th, 2019 at 0.21159072
Smart Scan Analysis for AEDGBP
Based on a pre-defined weighted trend formula for chart analysis, AEDGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).