Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Australian Dollar/Canadian Dollar (FOREX:AUDCAD)
Weak Downtrend (-65) - AUDCAD is showing signs of a strengthening downtrend. Monitor AUDCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AUDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCAD.
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 AUDCAD
The long-term trend has been DOWN since Feb 1st, 2024 at 0.8761149
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.8800681
The short-term trend has been UP since Apr 23rd, 2024 at 0.8854871
Smart Scan Analysis for AUDCAD
Based on our trend formula, AUDCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.8904250 | 0.8942000 | 0.8898650 | 0.8910071 | +0.0005820 |
Prev. Close | Volume | Bid | Ask | Time |
0.8904250 | 2024-04-25 09:57:42 |