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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.

FOREX_EURCAD
Open High Low EURCAD Price Change
1.520410 1.521455 1.510760 1.515510 -0.004900
Entry Signal

MarketClub’s Trade Triangles for EURCAD

long term up The long term trend has been UP since Dec 19th, 2018 at 1.537080

intermediate term up The intermediate term trend has been UP since Mar 1st, 2019 at 1.511695

short term up 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).

+100
Smart Scan Analysis for EURCAD
Strong Downtrend Sideways 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
Want to analyze Euro/Canadian Dollar EURCAD or another symbol? Try our Free Forex Trend Analysis Report.