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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Canadian Dollar/Special Drawing Right (FOREX:CADSDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CADSDR
Open High Low CADSDR Price Change
0.54098 0.54098 0.54098 0.54098 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADSDR

long term up The long term trend has been UP since Jun 9th, 2019 at 0.54136

intermediate term up The intermediate term trend has been UP since Jun 9th, 2019 at 0.54136

short term down The short term trend has been DOWN since Jun 13th, 2019 at 0.54231

Smart Scan Analysis for CADSDR

Based on a pre-defined weighted trend formula for chart analysis, CADSDR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54098 0.54098 0.54098 0.54098 0.00000
Prev. Close Volume Bid Ask Time
0.54098 0.54098 0.54098 2019-06-16 20:04:39
Want to analyze Canadian Dollar/Special Drawing Right CADSDR or another symbol? Try our Free Forex Trend Analysis Report.