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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_CADVND
Open High Low CADVND Price Change
17613.533 17613.533 17613.533 17613.533 0.000
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term up The long term trend has been UP since Dec 31st, 2019 at 17769.071

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2020 at 17674.308

short term down The short term trend has been DOWN since Jan 8th, 2020 at 17816.187

Smart Scan Analysis for CADVND

Based on a pre-defined weighted trend formula for chart analysis, CADVND scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17613.533 17613.533 17613.533 17613.533 0.000
Prev. Close Volume Bid Ask Time
17613.533 17339.361 17887.706 2020-01-23 07:12:40
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