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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_CADCZK
Open High Low CADCZK Price Change
17.4815 17.5395 17.4510 17.4765 -0.0050
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long term trend has been UP since Jul 4th, 2019 at 17.2975

intermediate term down The intermediate term trend has been DOWN since Aug 6th, 2019 at 17.3545

short term up The short term trend has been UP since Aug 16th, 2019 at 17.5035

Smart Scan Analysis for CADCZK

Based on a pre-defined weighted trend formula for chart analysis, CADCZK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.4815 17.5395 17.4510 17.4765 -0.0050
Prev. Close Volume Bid Ask Time
17.4815 17.4630 17.4900 2019-08-19 18:42:12
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