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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

United Arab Emirates Dirham/Japanese Yen (FOREX:AEDJPY)

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_AEDJPY
Open High Low AEDJPY Price Change
30.1665 30.1665 29.9180 29.9225 -0.2440
Entry Signal

MarketClub’s Trade Triangles for AEDJPY

long term down The long term trend has been DOWN since Dec 24th, 2018 at 30.080

intermediate term down The intermediate term trend has been DOWN since Mar 21st, 2019 at 30.050

short term up The short term trend has been UP since Mar 20th, 2019 at 30.371

Smart Scan Analysis for AEDJPY

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

-85
Smart Scan Analysis for AEDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.1665 30.1665 29.9180 29.9225 -0.2440
Prev. Close Volume Bid Ask Time
30.1665 29.9140 29.9310 2019-03-22 18:27:06
Want to analyze United Arab Emirates Dirham/Japanese Yen AEDJPY or another symbol? Try our Free Forex Trend Analysis Report.