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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

/Canadian Dollar (FOREX:XDRCAD)

Weak Downtrend (-65) - XDRCAD is showing signs of a strengthening downtrend. Monitor XDRCAD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for XDRCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XDRCAD
Open High Low XDRCAD Price Change
1.8114554 1.8114554 1.8114554 1.8114554 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRCAD

long term up The long-term trend has been UP since Jan 29th, 2020 at 1.8168514

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2020 at 1.8125297

short term down The short-term trend has been DOWN since Feb 10th, 2020 at 1.8232947

Smart Scan Analysis for XDRCAD

Based on our trend formula, XDRCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for XDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8114554 1.8114554 1.8114554 1.8114554 0.0000000
Prev. Close Volume Bid Ask Time
1.8086540 1.8114554 1.8114554 2020-02-16 21:04:34
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