Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
United Arab Emirates Dirham/Turkish Lira (FOREX:AEDTRY)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 AEDTRY
The long term trend has been UP since Aug 25th, 2019 at 1.7005
The intermediate term trend has been UP since Aug 19th, 2019 at 1.5443
The short term trend has been DOWN since Sep 12th, 2019 at 1.5518
Smart Scan Analysis for AEDTRY
Based on a pre-defined weighted trend formula for chart analysis, AEDTRY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).