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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_CADZAR
Open High Low CADZAR Price Change
10.72485 10.72805 10.71600 10.72805 +0.00320
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term up The long term trend has been UP since Mar 14th, 2019 at 10.8885

intermediate term up The intermediate term trend has been UP since May 2nd, 2019 at 10.7735

short term down The short term trend has been DOWN since May 23rd, 2019 at 10.6821

Smart Scan Analysis for CADZAR

Based on a pre-defined weighted trend formula for chart analysis, CADZAR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.72485 10.72805 10.71600 10.72805 +0.00320
Prev. Close Volume Bid Ask Time
10.72485 10.71710 10.73900 2019-05-25 09:20:19
Want to analyze Canadian Dollar/South African Rand CADZAR or another symbol? Try our Free Forex Trend Analysis Report.