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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_CADAUD
Open High Low CADAUD Price Change
1.020955 1.022100 1.014500 1.015300 -0.005655
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 Dec 13th, 2017 at 1.022125

short term down The short term trend has been DOWN since Dec 11th, 2017 at 1.033300

Smart Scan Analysis for CADAUD

Based on a pre-defined weighted trend formula for chart analysis, CADAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.020955 1.022100 1.014500 1.015300 -0.005655
Prev. Close Volume Bid Ask Time
1.020955 1.015100 1.015500 2017-12-15 22:08:38
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