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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

United Arab Emirates Dirham/Norwegian Krone (FOREX:AEDNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_AEDNOK
Open High Low AEDNOK Price Change
2.4336 2.4423 2.4336 2.4394 +0.0058
Entry Signal

MarketClub’s Trade Triangles for AEDNOK

long term up The long term trend has been UP since May 2nd, 2018 at 2.18255

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 2.43330

short term down The short term trend has been DOWN since Sep 15th, 2019 at 2.43480

Smart Scan Analysis for AEDNOK

Based on a pre-defined weighted trend formula for chart analysis, AEDNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AEDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4336 2.4423 2.4336 2.4394 +0.0058
Prev. Close Volume Bid Ask Time
2.4336 2.4379 2.4409 2019-09-18 06:54:18
Want to analyze United Arab Emirates Dirham/Norwegian Krone AEDNOK or another symbol? Try our Free Forex Trend Analysis Report.