Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Canadian Dollar/Argentine Peso (FOREX:CADARS)
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.
MarketClub’s Trade Triangles for CADARS
The long term trend has been UP since Dec 26th, 2017 at 14.2750
The intermediate term trend has been UP since Jan 17th, 2019 at 28.4955
The short term trend has been UP since Mar 20th, 2019 at 30.4920
Smart Scan Analysis for CADARS
Based on a pre-defined weighted trend formula for chart analysis, CADARS scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).