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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_NZDAED
Open High Low NZDAED Price Change
2.4873 2.4951 2.4864 2.4951 +0.0078
Entry Signal

MarketClub’s Trade Triangles for NZDAED

long term up The long term trend has been UP since Nov 14th, 2018 at 2.49835

intermediate term up The intermediate term trend has been UP since Jan 13th, 2019 at 2.51215

short term down The short term trend has been DOWN since Feb 19th, 2019 at 2.50650

Smart Scan Analysis for NZDAED

Based on a pre-defined weighted trend formula for chart analysis, NZDAED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for NZDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4873 2.4951 2.4864 2.4951 +0.0078
Prev. Close Volume Bid Ask Time
2.4873 2.4936 2.4966 2019-02-22 03:24:37
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