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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
United Arab Emirates Dirham/Swedish Krona (FOREX:AEDSEK)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for AEDSEK
The long term trend has been DOWN since Dec 2nd, 2019 at 2.5982145
The intermediate term trend has been DOWN since Nov 28th, 2019 at 2.6007473
The short term trend has been DOWN since Nov 25th, 2019 at 2.6116860
Smart Scan Analysis for AEDSEK
Based on a pre-defined weighted trend formula for chart analysis, AEDSEK scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5837550 | 2.5902737 | 2.5791601 | 2.5837613 | +0.0000060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5837550 | 2.5821700 | 2.5853526 | 2019-12-06 12:51:16 |