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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_AEDINR
Open High Low AEDINR Price Change
18.796 18.796 18.758 18.781 -0.015
Entry Signal

MarketClub’s Trade Triangles for AEDINR

long term down The long term trend has been DOWN since Dec 31st, 2018 at 18.963

intermediate term up The intermediate term trend has been UP since Jul 22nd, 2019 at 18.810

short term up The short term trend has been UP since Jul 17th, 2019 at 18.699

Smart Scan Analysis for AEDINR

Based on a pre-defined weighted trend formula for chart analysis, AEDINR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for AEDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.796 18.796 18.758 18.781 -0.015
Prev. Close Volume Bid Ask Time
18.796 18.777 18.785 2019-07-23 11:29:40
Want to analyze United Arab Emirates Dirham/Indian Rupee AEDINR or another symbol? Try our Free Forex Trend Analysis Report.