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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

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.

FOREX_CADNZD
Open High Low CADNZD Price Change
1.14145 1.14145 1.13470 1.13901 -0.00244
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term up The long term trend has been UP since Apr 22nd, 2019 at 1.122245

intermediate term up The intermediate term trend has been UP since Apr 1st, 2019 at 1.103500

short term up The short term trend has been UP since May 7th, 2019 at 1.127635

Smart Scan Analysis for CADNZD

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

+100
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.14145 1.14145 1.13470 1.13901 -0.00244
Prev. Close Volume Bid Ask Time
1.14145 1.13878 1.13924 2019-05-19 21:05:07
Want to analyze Canadian Dollar/New Zealand Dollar CADNZD or another symbol? Try our Free Forex Trend Analysis Report.