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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_CADARS
Open High Low CADARS Price Change
22.750 22.781 22.738 22.753 +0.003
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long term trend has been UP since Dec 26th, 2017 at 14.2750

intermediate term up The intermediate term trend has been UP since Apr 6th, 2018 at 15.8515

short term up The short term trend has been UP since Aug 8th, 2018 at 21.1545

Smart Scan Analysis for CADARS

Based on a pre-defined weighted trend formula for chart analysis, CADARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.750 22.781 22.738 22.753 +0.003
Prev. Close Volume Bid Ask Time
22.750 22.750 22.756 2018-08-16 08:21:02
Want to analyze Canadian Dollar/Argentine Peso CADARS or another symbol? Try our Free Forex Trend Analysis Report.