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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Euro/Canadian Dollar (FOREX:EURCAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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_EURCAD
Open High Low EURCAD Price Change
1.51222 1.51360 1.51170 1.51290 +0.00068
Entry Signal

MarketClub’s Trade Triangles for EURCAD

long term up The long term trend has been UP since Dec 19th, 2018 at 1.537080

intermediate term up The intermediate term trend has been UP since Mar 1st, 2019 at 1.511695

short term down The short term trend has been DOWN since Mar 15th, 2019 at 1.504820

Smart Scan Analysis for EURCAD

Based on a pre-defined weighted trend formula for chart analysis, EURCAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.51222 1.51360 1.51170 1.51290 +0.00068
Prev. Close Volume Bid Ask Time
1.51222 1.51240 1.51340 2019-03-19 06:07:05
Want to analyze Euro/Canadian Dollar EURCAD or another symbol? Try our Free Forex Trend Analysis Report.