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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Canadian Dollar/Euro (FOREX:CADEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_CADEUR
Open High Low CADEUR Price Change
0.655945 0.660700 0.655300 0.660200 +0.004255
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term up The long term trend has been UP since May 9th, 2018 at 0.655145

intermediate term down The intermediate term trend has been DOWN since Aug 31st, 2018 at 0.658400

short term down The short term trend has been DOWN since Sep 18th, 2018 at 0.655600

Smart Scan Analysis for CADEUR

Based on a pre-defined weighted trend formula for chart analysis, CADEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.655945 0.660700 0.655300 0.660200 +0.004255
Prev. Close Volume Bid Ask Time
0.655945 0.660000 0.660400 2018-09-18 22:04:13
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