Forex Trend Analysis Report
Prepared for you on Tuesday, July 16, 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 Jun 19th, 2019 at 1.5336
The short term trend has been UP since Jul 16th, 2019 at 1.5573
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).