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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.

FOREX_AEDZAR
Open High Low AEDZAR Price Change
4.15710 4.17070 4.12700 4.16895 +0.01185
Entry Signal

MarketClub’s Trade Triangles for AEDZAR

long term up The long term trend has been UP since Aug 8th, 2019 at 4.13075

intermediate term up The intermediate term trend has been UP since Jul 26th, 2019 at 3.88645

short term up 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).

+100
Smart Scan Analysis for AEDZAR
Strong Downtrend Sideways 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
Want to analyze United Arab Emirates Dirham/South African Rand AEDZAR or another symbol? Try our Free Forex Trend Analysis Report.