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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Canadian Dollar/Euro (FOREX:CADEUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
0.666845 0.670600 0.666400 0.670415 +0.003570
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 up The intermediate term trend has been UP since Sep 19th, 2018 at 0.663200

short term down The short term trend has been DOWN since Nov 14th, 2018 at 0.667600

Smart Scan Analysis for CADEUR

Based on a pre-defined weighted trend formula for chart analysis, CADEUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.666845 0.670600 0.666400 0.670415 +0.003570
Prev. Close Volume Bid Ask Time
0.666845 0.670350 0.670480 2018-11-15 23:12:41
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