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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Canadian Dollar/Euro (FOREX:CADEUR)

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_CADEUR
Open High Low CADEUR Price Change
0.6821586 0.6823145 0.6821586 0.6821586 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term up The long term trend has been UP since Jun 19th, 2019 at 0.6709

intermediate term down The intermediate term trend has been DOWN since Oct 30th, 2019 at 0.6807

short term up The short term trend has been UP since Dec 4th, 2019 at 0.6837

Smart Scan Analysis for CADEUR

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

-55
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6821586 0.6823145 0.6821586 0.6821586 0.0000000
Prev. Close Volume Bid Ask Time
0.6821586 0.6819980 0.6823191 2019-12-07 06:17:38
Want to analyze Canadian Dollar/Euro CADEUR or another symbol? Try our Free Forex Trend Analysis Report.