Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Canadian Dollar/United Arab Emirates Dirham (FOREX:CADAED)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_CADAED
Open High Low CADAED Price Change
2.79045 2.79050 2.77340 2.77580 -0.01465
Entry Signal

MarketClub’s Trade Triangles for CADAED

long term down The long term trend has been DOWN since Nov 9th, 2018 at 2.77820

intermediate term up The intermediate term trend has been UP since Jan 6th, 2019 at 2.74630

short term up The short term trend has been UP since Feb 19th, 2019 at 2.77735

Smart Scan Analysis for CADAED

Based on a pre-defined weighted trend formula for chart analysis, CADAED scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CADAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.79045 2.79050 2.77340 2.77580 -0.01465
Prev. Close Volume Bid Ask Time
2.79045 2.77560 2.77600 2019-02-21 22:47:50
Want to analyze Canadian Dollar/United Arab Emirates Dirham CADAED or another symbol? Try our Free Forex Trend Analysis Report.