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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

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
0.66375 0.66380 0.66375 0.66375 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term down The long term trend has been DOWN since Dec 20th, 2018 at 0.650400

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 0.660005

short term up The short term trend has been UP since Jan 2nd, 2019 at 0.649500

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
0.66375 0.66380 0.66375 0.66375 0.00000
Prev. Close Volume Bid Ask Time
0.66375 0.66353 0.66397 2019-01-20 02:40:30
Want to analyze Canadian Dollar/Euro CADEUR or another symbol? Try our Free Forex Trend Analysis Report.