Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

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

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_AEDMXN
Open High Low AEDMXN Price Change
5.20705 5.22470 5.20430 5.22170 +0.01465
Entry Signal

MarketClub’s Trade Triangles for AEDMXN

long term up The long term trend has been UP since May 31st, 2019 at 5.34240

intermediate term up The intermediate term trend has been UP since May 9th, 2019 at 5.22535

short term down The short term trend has been DOWN since Jun 18th, 2019 at 5.20480

Smart Scan Analysis for AEDMXN

Based on a pre-defined weighted trend formula for chart analysis, AEDMXN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for AEDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.20705 5.22470 5.20430 5.22170 +0.01465
Prev. Close Volume Bid Ask Time
5.20705 5.22070 5.22270 2019-06-19 13:57:23
Want to analyze United Arab Emirates Dirham/Mexican Peso AEDMXN or another symbol? Try our Free Forex Trend Analysis Report.