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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CADNZD
Open High Low CADNZD Price Change
1.07805 1.07835 1.07805 1.07805 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term down The long term trend has been DOWN since Jan 10th, 2018 at 1.10672

intermediate term down The intermediate term trend has been DOWN since Nov 28th, 2017 at 1.12706

short term down The short term trend has been DOWN since Feb 13th, 2018 at 1.09254

Smart Scan Analysis for CADNZD

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

-100
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.07805 1.07835 1.07805 1.07805 0.00000
Prev. Close Volume Bid Ask Time
1.07805 1.07770 1.07840 2018-02-18 03:55:15
Want to analyze Canadian Dollar/New Zealand Dollar CADNZD or another symbol? Try our Free Forex Trend Analysis Report.