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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_CADRON
Open High Low CADRON Price Change
3.2024 3.2085 3.1808 3.1882 -0.0142
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term up The long term trend has been UP since Jul 2nd, 2019 at 3.19535

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 3.20810

short term down The short term trend has been DOWN since Aug 20th, 2019 at 3.19690

Smart Scan Analysis for CADRON

Based on a pre-defined weighted trend formula for chart analysis, CADRON scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2024 3.2085 3.1808 3.1882 -0.0142
Prev. Close Volume Bid Ask Time
3.1883 3.1865 3.1899 2019-08-23 18:14:18
Want to analyze Canadian Dollar/Romanian Leu CADRON or another symbol? Try our Free Forex Trend Analysis Report.