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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

United Arab Emirates Dirham/South African Rand (FOREX:AEDZAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

FOREX_AEDZAR
Open High Low AEDZAR Price Change
3.9880486 3.9985844 3.9467337 3.9636003 -0.0244480
Entry Signal

MarketClub’s Trade Triangles for AEDZAR

long term down The long term trend has been DOWN since Dec 12th, 2019 at 3.9487000

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 3.9521094

short term down The short term trend has been DOWN since Dec 12th, 2019 at 3.9676967

Smart Scan Analysis for AEDZAR

Based on a pre-defined weighted trend formula for chart analysis, AEDZAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AEDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9880486 3.9985844 3.9467337 3.9636003 -0.0244480
Prev. Close Volume Bid Ask Time
3.9880486 3.9624432 3.9647573 2019-12-12 13:39:58
Want to analyze United Arab Emirates Dirham/South African Rand AEDZAR or another symbol? Try our Free Forex Trend Analysis Report.