Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
Canadian Dollar/Khazanah Sukuk (FOREX:CADLFX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 CADLFX
The long term trend has been UP since Jun 20th, 2019 at 1.5390
The intermediate term trend has been UP since Sep 5th, 2019 at 1.5491
The short term trend has been UP since Oct 8th, 2019 at 1.5462
Smart Scan Analysis for CADLFX
Based on a pre-defined weighted trend formula for chart analysis, CADLFX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).