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Forex Trend Analysis Report

Prepared for you on Sunday, April 30, 2017.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_CADAUD
Open High Low CADAUD Price Change
0.977755 0.977755 0.977660 0.977755 0.000000
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 Apr 23rd, 2017 at 0.9799

short term down The short term trend has been DOWN since Apr 23rd, 2017 at 0.9808

Smart Scan Analysis for CADAUD

Based on a pre-defined weighted trend formula for chart analysis, CADAUD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.977755 0.977755 0.977660 0.977755 0.000000
Prev. Close Volume Bid Ask Time
0.977755 0.977620 0.977890 2017-04-30 05:03:31
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