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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

Canadian Dollar/Euro (FOREX:CADEUR)

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_CADEUR
Open High Low CADEUR Price Change
0.64658 0.64658 0.64490 0.64658 0.00000
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 Jun 7th, 2018 at 0.653000

short term down The short term trend has been DOWN since Jun 18th, 2018 at 0.651400

Smart Scan Analysis for CADEUR

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

-70
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64658 0.64658 0.64490 0.64658 0.00000
Prev. Close Volume Bid Ask Time
0.64658 0.64637 0.64679 2018-06-24 06:31:29
Want to analyze Canadian Dollar/Euro CADEUR or another symbol? Try our Free Forex Trend Analysis Report.