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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

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

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_AEDSAR
Open High Low AEDSAR Price Change
1.0211 1.0213 1.0206 1.0206 -0.0005
Entry Signal

MarketClub’s Trade Triangles for AEDSAR

long term down The long term trend has been DOWN since Jan 30th, 2019 at 1.016455

intermediate term up The intermediate term trend has been UP since Jan 31st, 2019 at 1.022300

short term up The short term trend has been UP since Feb 17th, 2019 at 1.022050

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
1.0211 1.0213 1.0206 1.0206 -0.0005
Prev. Close Volume Bid Ask Time
1.0211 1.0200 1.0212 2019-02-19 04:41:30
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