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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_CADRON
Open High Low CADRON Price Change
3.2978492 3.2978492 3.2894370 3.2936546 -0.0041950
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term up The long term trend has been UP since Jul 2nd, 2019 at 3.1953500

intermediate term up The intermediate term trend has been UP since Nov 27th, 2019 at 3.2743205

short term up The short term trend has been UP since Jan 17th, 2020 at 3.2961576

Smart Scan Analysis for CADRON

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

+100
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2978492 3.2978492 3.2894370 3.2936546 -0.0041950
Prev. Close Volume Bid Ask Time
3.2978492 3.2919315 3.2953778 2020-01-21 09:27:06
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