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Forex Trend Analysis Report

Prepared for you on Wednesday, March 21, 2018.

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.

Open High Low CADAUD Price Change
0.9979 1.0031 0.9960 0.9984 +0.0005
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term down The long term trend has been DOWN since Jan 16th, 2018 at 1.00865

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2018 at 1.00110

short term up The short term trend has been UP since Mar 16th, 2018 at 0.98930

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).

Smart Scan Analysis for CADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9979 1.0031 0.9960 0.9984 +0.0005
Prev. Close Volume Bid Ask Time
0.9979 0.9982 0.9986 2018-03-21 16:46:19
Want to analyze Canadian Dollar/Australian Dollar CADAUD or another symbol? Try our Free Forex Trend Analysis Report.