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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

United Arab Emirates Dirham/Saudi Arabian Riyal (FOREX:AEDSAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_AEDSAR
Open High Low AEDSAR Price Change
1.02125 1.02160 1.02070 1.02115 -0.00010
Entry Signal

MarketClub’s Trade Triangles for AEDSAR

long term down The long term trend has been DOWN since Jun 4th, 2019 at 1.01972

intermediate term up The intermediate term trend has been UP since Jun 28th, 2019 at 1.02765

short term up The short term trend has been UP since Jul 19th, 2019 at 1.02145

Smart Scan Analysis for AEDSAR

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

+60
Smart Scan Analysis for AEDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.02125 1.02160 1.02070 1.02115 -0.00010
Prev. Close Volume Bid Ask Time
1.02125 1.02050 1.02180 2019-07-19 16:59:11
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