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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_AEDJPY
Open High Low AEDJPY Price Change
29.018 29.033 29.017 29.033 +0.015
Entry Signal

MarketClub’s Trade Triangles for AEDJPY

long term down The long term trend has been DOWN since May 31st, 2019 at 29.638

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 29.205

short term up The short term trend has been UP since Aug 13th, 2019 at 28.858

Smart Scan Analysis for AEDJPY

Based on a pre-defined weighted trend formula for chart analysis, AEDJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AEDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.018 29.033 29.017 29.033 +0.015
Prev. Close Volume Bid Ask Time
29.018 29.027 29.039 2019-08-23 09:47:58
Want to analyze United Arab Emirates Dirham/Japanese Yen AEDJPY or another symbol? Try our Free Forex Trend Analysis Report.