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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Australian Dollar/Canadian Dollar (FOREX:AUDCAD)

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.

Open High Low AUDCAD Price Change
0.995900 0.998220 0.991235 0.994100 -0.001800
Entry Signal

MarketClub’s Trade Triangles for AUDCAD

long term up The long term trend has been UP since Jan 16th, 2018 at 0.991465

intermediate term up The intermediate term trend has been UP since Feb 28th, 2018 at 0.998850

short term down The short term trend has been DOWN since Mar 16th, 2018 at 1.010700

Smart Scan Analysis for AUDCAD

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

Smart Scan Analysis for AUDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.995900 0.998220 0.991235 0.994100 -0.001800
Prev. Close Volume Bid Ask Time
0.995900 0.994040 0.994160 2018-03-23 14:33:58
Want to analyze Australian Dollar/Canadian Dollar AUDCAD or another symbol? Try our Free Forex Trend Analysis Report.