Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Euro/Canadian Dollar (FOREX:EURCAD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.
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MarketClub’s Trade Triangles for EURCAD
The long term trend has been UP since Dec 19th, 2018 at 1.537080
The intermediate term trend has been UP since Mar 1st, 2019 at 1.511695
The short term trend has been UP since Mar 20th, 2019 at 1.514500
Smart Scan Analysis for EURCAD
Based on a pre-defined weighted trend formula for chart analysis, EURCAD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.520410 | 1.521455 | 1.510760 | 1.515510 | -0.004900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.520410 | 1.515440 | 1.515580 | 2019-03-22 10:43:07 |