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Forex Trend Analysis Report

Prepared for you on Monday, June 26, 2017.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_CADAUD
Open High Low CADAUD Price Change
0.995125 0.998600 0.994200 0.995860 +0.000735
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term down The long term trend has been DOWN since Mar 1st, 2017 at 0.9774

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2017 at 0.9838

short term up The short term trend has been UP since Jun 12th, 2017 at 0.9892

Smart Scan Analysis for CADAUD

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

-65
Smart Scan Analysis for CADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.995125 0.998600 0.994200 0.995860 +0.000735
Prev. Close Volume Bid Ask Time
0.995125 0.995750 0.995970 2017-06-26 11:23:56
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