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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Euro/Canadian Dollar (FOREX:EURCAD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_EURCAD
Open High Low EURCAD Price Change
1.505455 1.506000 1.505155 1.505300 -0.000155
Entry Signal

MarketClub’s Trade Triangles for EURCAD

long term up The long term trend has been UP since Oct 25th, 2017 at 1.507220

intermediate term up The intermediate term trend has been UP since Oct 11th, 2017 at 1.479425

short term up The short term trend has been UP since Nov 13th, 2017 at 1.481020

Smart Scan Analysis for EURCAD

Based on a pre-defined weighted trend formula for chart analysis, EURCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for EURCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.505455 1.506000 1.505155 1.505300 -0.000155
Prev. Close Volume Bid Ask Time
1.505455 1.504800 1.505800 2017-11-18 23:47:36
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