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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
1.032235 1.033000 1.028900 1.029505 -0.002730
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term up The long term trend has been UP since Apr 25th, 2018 at 1.0294

intermediate term up The intermediate term trend has been UP since Mar 27th, 2018 at 1.0097

short term down The short term trend has been DOWN since May 18th, 2018 at 1.0369

Smart Scan Analysis for CADAUD

Based on a pre-defined weighted trend formula for chart analysis, CADAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.032235 1.033000 1.028900 1.029505 -0.002730
Prev. Close Volume Bid Ask Time
1.032235 1.029390 1.029620 2018-05-22 23:05:57
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