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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Canadian Dollar/Bulgarian Lev (FOREX:CADBGN)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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
1.30085 1.30225 1.29585 1.29760 -0.00325
Entry Signal

MarketClub’s Trade Triangles for CADBGN

long term up The long term trend has been UP since May 9th, 2018 at 1.28175

intermediate term up The intermediate term trend has been UP since Apr 3rd, 2018 at 1.24095

short term up The short term trend has been UP since May 9th, 2018 at 1.27590

Smart Scan Analysis for CADBGN

Based on a pre-defined weighted trend formula for chart analysis, CADBGN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CADBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.30085 1.30225 1.29585 1.29760 -0.00325
Prev. Close Volume Bid Ask Time
1.30085 1.29750 1.29770 2018-05-24 07:59:52
Want to analyze Canadian Dollar/Bulgarian Lev CADBGN or another symbol? Try our Free Forex Trend Analysis Report.