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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

United Arab Emirates Dirham/Mexican Peso (FOREX:AEDMXN)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AEDMXN
Open High Low AEDMXN Price Change
5.3494 5.4143 5.3380 5.4074 +0.0580
Entry Signal

MarketClub’s Trade Triangles for AEDMXN

long term up The long term trend has been UP since May 31st, 2019 at 5.3424

intermediate term up The intermediate term trend has been UP since Jul 9th, 2019 at 5.2451

short term up The short term trend has been UP since Aug 19th, 2019 at 5.3738

Smart Scan Analysis for AEDMXN

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

+100
Smart Scan Analysis for AEDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.3494 5.4143 5.3380 5.4074 +0.0580
Prev. Close Volume Bid Ask Time
5.3494 5.4033 5.4115 2019-08-19 20:42:49
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