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Forex Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
0.99999 1.00460 0.99720 1.00255 +0.00256
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term up The long term trend has been UP since Jun 28th, 2017 at 1.007315

intermediate term down The intermediate term trend has been DOWN since Aug 8th, 2017 at 0.993900

short term up The short term trend has been UP since Aug 14th, 2017 at 1.001500

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
0.99999 1.00460 0.99720 1.00255 +0.00256
Prev. Close Volume Bid Ask Time
0.99999 1.00240 1.00270 2017-08-18 23:27:33
Want to analyze Canadian Dollar/Australian Dollar CADAUD or another symbol? Try our Free Forex Trend Analysis Report.