Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
United Arab Emirates Dirham/South African Rand (FOREX:AEDZAR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 AEDZAR
The long term trend has been UP since Aug 8th, 2019 at 4.13075
The intermediate term trend has been UP since Jul 26th, 2019 at 3.88645
The short term trend has been UP since Aug 1st, 2019 at 3.92025
Smart Scan Analysis for AEDZAR
Based on a pre-defined weighted trend formula for chart analysis, AEDZAR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.15710 | 4.17070 | 4.12700 | 4.16895 | +0.01185 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.15710 | 4.16500 | 4.17290 | 2019-08-16 18:19:01 |