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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
10682.50 10729.40 10680.55 10722.10 +39.60
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term down The long term trend has been DOWN since Nov 20th, 2018 at 10990.6

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 11513.1

short term up The short term trend has been UP since Jan 18th, 2019 at 10726.4

Smart Scan Analysis for CADIDR

Based on a pre-defined weighted trend formula for chart analysis, CADIDR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CADIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10682.50 10729.40 10680.55 10722.10 +39.60
Prev. Close Volume Bid Ask Time
10682.5 10718.80 10725.40 2019-01-18 13:42:05
Want to analyze Canadian Dollar/Indonesian Rupiah CADIDR or another symbol? Try our Free Forex Trend Analysis Report.