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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)

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_CADKYD
Open High Low CADKYD Price Change
0.63237366 0.63365356 0.63126335 0.63310238 +0.00072900
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term up The long term trend has been UP since Dec 31st, 2019 at 0.64037445

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 0.63471784

short term up The short term trend has been UP since Jan 22nd, 2020 at 0.63933614

Smart Scan Analysis for CADKYD

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

-55
Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63237366 0.63365356 0.63126335 0.63310238 +0.00072900
Prev. Close Volume Bid Ask Time
0.63237366 0.63307593 0.63312883 2020-01-28 18:52:51
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