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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)

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_CADIDR
Open High Low CADIDR Price Change
11115.75 11207.85 11097.55 11133.00 +17.25
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term up The long term trend has been UP since Aug 3rd, 2018 at 11161.80

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 11513.10

short term down The short term trend has been DOWN since Nov 15th, 2018 at 11115.45

Smart Scan Analysis for CADIDR

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

-70
Smart Scan Analysis for CADIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11115.75 11207.85 11097.55 11133.00 +17.25
Prev. Close Volume Bid Ask Time
11115.75 10978.80 11287.20 2018-11-15 23:12:35
Want to analyze Canadian Dollar/Indonesian Rupiah CADIDR or another symbol? Try our Free Forex Trend Analysis Report.