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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

United Arab Emirates Dirham/Turkish Lira (FOREX:AEDTRY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_AEDTRY
Open High Low AEDTRY Price Change
1.5952031 1.6088588 1.5913593 1.6035882 +0.0083850
Entry Signal

MarketClub’s Trade Triangles for AEDTRY

long term up The long term trend has been UP since Aug 25th, 2019 at 1.7005000

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2020 at 1.5933896

short term down The short term trend has been DOWN since Jan 17th, 2020 at 1.5916716

Smart Scan Analysis for AEDTRY

Based on a pre-defined weighted trend formula for chart analysis, AEDTRY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AEDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5952031 1.6088588 1.5913593 1.6035882 +0.0083850
Prev. Close Volume Bid Ask Time
1.5952031 1.6033159 1.6038604 2020-01-17 17:14:34
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