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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 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.

FOREX_AEDINR
Open High Low AEDINR Price Change
19.420864 19.429933 19.403341 19.403341 -0.017523
Entry Signal

MarketClub’s Trade Triangles for AEDINR

long term up The long term trend has been UP since Aug 6th, 2019 at 19.324500

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2019 at 19.422014

short term down The short term trend has been DOWN since Dec 4th, 2019 at 19.510775

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
19.420864 19.429933 19.403341 19.403341 -0.017523
Prev. Close Volume Bid Ask Time
19.420864 19.402548 19.404133 2019-12-06 12:09:42
Want to analyze United Arab Emirates Dirham/Indian Rupee AEDINR or another symbol? Try our Free Forex Trend Analysis Report.