Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Canadian Dollar/US Dollar (FOREX:CADUSD)
Weak Downtrend (-65) - CADUSD is showing signs of a strengthening downtrend. Monitor CADUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADUSD
The long-term trend has been UP since Dec 15th, 2023 at 0.7471150
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.7349500
The short-term trend has been DOWN since Mar 28th, 2024 at 0.7349429
Smart Scan Analysis for CADUSD
Based on our trend formula, CADUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.736350 | 0.739355 | 0.734550 | 0.738275 | +0.001925 |
Prev. Close | Volume | Bid | Ask | Time |
0.736350 | 2024-03-28 15:18:35 |