Forex Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
United Arab Emirates Dirham/Indian Rupee (FOREX:AEDINR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for AEDINR
The long term trend has been DOWN since Dec 31st, 2018 at 18.9630
The intermediate term trend has been DOWN since Feb 12th, 2019 at 19.3005
The short term trend has been UP since Feb 15th, 2019 at 19.3810
Smart Scan Analysis for AEDINR
Based on a pre-defined weighted trend formula for chart analysis, AEDINR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).