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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

British Pound/United Arab Emirates Dirham (FOREX:GBPAED)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_GBPAED
Open High Low GBPAED Price Change
4.79320 4.80310 4.78570 4.79605 +0.00285
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term down The long term trend has been DOWN since May 1st, 2018 at 5.05195

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 4.71520

short term up The short term trend has been UP since Feb 18th, 2019 at 4.74135

Smart Scan Analysis for GBPAED

Based on a pre-defined weighted trend formula for chart analysis, GBPAED scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.79320 4.80310 4.78570 4.79605 +0.00285
Prev. Close Volume Bid Ask Time
4.79320 4.79540 4.79670 2019-02-21 13:17:00
Want to analyze British Pound/United Arab Emirates Dirham GBPAED or another symbol? Try our Free Forex Trend Analysis Report.