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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Australian Dollar/Canadian Dollar (FOREX:AUDCAD)

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_AUDCAD
Open High Low AUDCAD Price Change
0.943455 0.943455 0.943455 0.943455 0.000000
Entry Signal

MarketClub’s Trade Triangles for AUDCAD

long term down The long term trend has been DOWN since Apr 25th, 2018 at 0.971560

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2018 at 0.973910

short term up The short term trend has been UP since Sep 18th, 2018 at 0.937255

Smart Scan Analysis for AUDCAD

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

-55
Smart Scan Analysis for AUDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.943455 0.943455 0.943455 0.943455 0.000000
Prev. Close Volume Bid Ask Time
0.943455 0.943110 0.943800 2018-09-23 05:44:26
Want to analyze Australian Dollar/Canadian Dollar AUDCAD or another symbol? Try our Free Forex Trend Analysis Report.