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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CADARS Price Change
27.730 28.082 27.675 27.801 +0.071
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long term trend has been UP since Dec 26th, 2017 at 14.275

intermediate term down The intermediate term trend has been DOWN since Oct 9th, 2018 at 28.705

short term down The short term trend has been DOWN since Oct 17th, 2018 at 27.723

Smart Scan Analysis for CADARS

Based on a pre-defined weighted trend formula for chart analysis, CADARS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.730 28.082 27.675 27.801 +0.071
Prev. Close Volume Bid Ask Time
27.730 27.798 27.804 2018-10-17 21:37:48
Want to analyze Canadian Dollar/Argentine Peso CADARS or another symbol? Try our Free Forex Trend Analysis Report.