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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
1.06710 1.06710 1.06080 1.06559 -0.00151
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term up The long term trend has been UP since Apr 25th, 2018 at 1.029400

intermediate term up The intermediate term trend has been UP since Jun 28th, 2018 at 1.026755

short term down The short term trend has been DOWN since Sep 18th, 2018 at 1.066900

Smart Scan Analysis for CADAUD

Based on a pre-defined weighted trend formula for chart analysis, CADAUD scored +85 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
1.06710 1.06710 1.06080 1.06559 -0.00151
Prev. Close Volume Bid Ask Time
1.06710 1.06541 1.06577 2018-09-19 20:06:43
Want to analyze Canadian Dollar/Australian Dollar CADAUD or another symbol? Try our Free Forex Trend Analysis Report.