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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_CADZAR
Open High Low CADZAR Price Change
11.072184 11.072184 11.072184 11.072184 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term down The long term trend has been DOWN since Dec 2nd, 2019 at 10.94700

intermediate term up The intermediate term trend has been UP since Jan 6th, 2020 at 11.06100

short term up The short term trend has been UP since Jan 13th, 2020 at 11.00919

Smart Scan Analysis for CADZAR

Based on a pre-defined weighted trend formula for chart analysis, CADZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.072184 11.072184 11.072184 11.072184 0.000000
Prev. Close Volume Bid Ask Time
11.072184 11.064700 11.079668 2020-01-18 20:00:33
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