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Forex Trend Analysis Report

Prepared for you on Saturday, February 17, 2018.

Canadian Dollar/Bulgarian Lev (FOREX:CADBGN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CADBGN
Open High Low CADBGN Price Change
1.25535 1.25535 1.25535 1.25535 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADBGN

long term down The long term trend has been DOWN since Oct 25th, 2017 at 1.29765

intermediate term down The intermediate term trend has been DOWN since Feb 2nd, 2018 at 1.26935

short term down The short term trend has been DOWN since Feb 13th, 2018 at 1.26070

Smart Scan Analysis for CADBGN

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

-100
Smart Scan Analysis for CADBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.25535 1.25535 1.25535 1.25535 0.00000
Prev. Close Volume Bid Ask Time
1.25535 1.25510 1.25560 2018-02-17 19:24:38
Want to analyze Canadian Dollar/Bulgarian Lev CADBGN or another symbol? Try our Free Forex Trend Analysis Report.