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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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
28.379 28.408 28.374 28.408 +0.029
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 Jan 17th, 2019 at 28.4955

short term up The short term trend has been UP since Jan 16th, 2019 at 28.1140

Smart Scan Analysis for CADARS

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

+100
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.379 28.408 28.374 28.408 +0.029
Prev. Close Volume Bid Ask Time
28.379 28.405 28.411 2019-01-18 03:09:20
Want to analyze Canadian Dollar/Argentine Peso CADARS or another symbol? Try our Free Forex Trend Analysis Report.