Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Canadian Dollar/United Arab Emirates Dirham (FOREX:CADAED)
Weak Downtrend (-65) - CADAED is showing signs of a strengthening downtrend. Monitor CADAED as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADAED.
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 CADAED
The long-term trend has been UP since Dec 15th, 2023 at 2.7440987
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 2.6993644
The short-term trend has been DOWN since Mar 28th, 2024 at 2.6991145
Smart Scan Analysis for CADAED
Based on our trend formula, CADAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.7044065 | 2.7156076 | 2.6973448 | 2.7112475 | +0.0068410 |
Prev. Close | Volume | Bid | Ask | Time |
2.7044065 | 2024-03-28 16:06:36 |