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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
1.02000 1.02035 1.01800 1.01823 -0.00177
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 Oct 16th, 2017 at 1.013100

short term up The short term trend has been UP since Oct 18th, 2017 at 1.020300

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
1.02000 1.02035 1.01800 1.01823 -0.00177
Prev. Close Volume Bid Ask Time
1.02000 1.01812 1.01834 2017-10-20 03:07:48
Want to analyze Canadian Dollar/Australian Dollar CADAUD or another symbol? Try our Free Forex Trend Analysis Report.