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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

Canadian Dollar/South African Rand (FOREX:CADZAR)

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_CADZAR
Open High Low CADZAR Price Change
9.30175 9.34610 9.22695 9.26225 -0.03950
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term down The long term trend has been DOWN since Dec 15th, 2017 at 10.35550

intermediate term down The intermediate term trend has been DOWN since Nov 27th, 2017 at 10.84950

short term down The short term trend has been DOWN since Feb 6th, 2018 at 9.62475

Smart Scan Analysis for CADZAR

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

-100
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.30175 9.34610 9.22695 9.26225 -0.03950
Prev. Close Volume Bid Ask Time
9.26225 9.25180 9.27270 2018-02-16 18:34:31
Want to analyze Canadian Dollar/South African Rand CADZAR or another symbol? Try our Free Forex Trend Analysis Report.