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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Australian Dollar/Canadian Dollar (FOREX:AUDCAD)

Bull Market Weakness (+75) - AUDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDCAD as it may be in the beginning stages of a reversal.

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.

FOREX_AUDCAD
Open High Low AUDCAD Price Change
0.9141000 0.9147107 0.9128000 0.9132550 -0.0008450
Entry Signal

MarketClub’s Trade Triangles for AUDCAD

long term up The long-term trend has been UP since May 3rd, 2020 at 0.9123000

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 0.8807941

short term down The short-term trend has been DOWN since May 25th, 2020 at 0.9128737

Smart Scan Analysis for AUDCAD

Based on our trend formula, AUDCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for AUDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9141000 0.9147107 0.9128000 0.9132550 -0.0008450
Prev. Close Volume Bid Ask Time
0.9141000 0.9131600 0.9133500 2020-05-25 03:25:30
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