Forex Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
United Arab Emirates Dirham/Singapore Dollar (FOREX:AEDSGD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for AEDSGD
The long term trend has been DOWN since Dec 4th, 2018 at 0.371385
The intermediate term trend has been DOWN since Nov 2nd, 2018 at 0.373810
The short term trend has been DOWN since Feb 12th, 2019 at 0.368855
Smart Scan Analysis for AEDSGD
Based on a pre-defined weighted trend formula for chart analysis, AEDSGD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).