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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_CADARS
Open High Low CADARS Price Change
20.3665 20.3665 20.3665 20.3665 0.0000
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 down The short term trend has been DOWN since Jun 21st, 2018 at 20.7800

Smart Scan Analysis for CADARS

Based on a pre-defined weighted trend formula for chart analysis, CADARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.3665 20.3665 20.3665 20.3665 0.0000
Prev. Close Volume Bid Ask Time
20.3665 20.3640 20.3690 2018-06-23 14:00:19
Want to analyze Canadian Dollar/Argentine Peso CADARS or another symbol? Try our Free Forex Trend Analysis Report.