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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low CADZAR Price Change
10.91295 11.02700 10.90400 10.99350 +0.08055
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term up The long term trend has been UP since Jul 10th, 2017 at 10.4745

intermediate term up The intermediate term trend has been UP since Oct 26th, 2017 at 11.0425

short term down The short term trend has been DOWN since Nov 15th, 2017 at 11.2665

Smart Scan Analysis for CADZAR

Based on a pre-defined weighted trend formula for chart analysis, CADZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.91295 11.02700 10.90400 10.99350 +0.08055
Prev. Close Volume Bid Ask Time
10.91295 10.99000 10.99700 2017-11-24 09:53:07
Want to analyze Canadian Dollar/South African Rand CADZAR or another symbol? Try our Free Forex Trend Analysis Report.