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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

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.

FOREX_CADRON
Open High Low CADRON Price Change
3.2887420 3.3011351 3.2877391 3.2966336 +0.0078920
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term up The long term trend has been UP since Jul 2nd, 2019 at 3.1953500

intermediate term up The intermediate term trend has been UP since Nov 27th, 2019 at 3.2743205

short term up The short term trend has been UP since Jan 17th, 2020 at 3.2961576

Smart Scan Analysis for CADRON

Based on a pre-defined weighted trend formula for chart analysis, CADRON scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2887420 3.3011351 3.2877391 3.2966336 +0.0078920
Prev. Close Volume Bid Ask Time
3.2887420 3.2949089 3.2983582 2020-01-17 16:32:23
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