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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 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
5.2129 5.2129 5.2129 5.2129 0.0000
Entry Signal

MarketClub’s Trade Triangles for AEDMXN

long term up The long term trend has been UP since Oct 3rd, 2018 at 5.15915

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 5.23810

short term down The short term trend has been DOWN since Feb 22nd, 2019 at 5.20795

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
5.2129 5.2129 5.2129 5.2129 0.0000
Prev. Close Volume Bid Ask Time
5.2129 5.2115 5.2143 2019-02-23 07:39:31
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