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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Canadian Dollar/United Arab Emirates Dirham (FOREX:CADAED)
Sidelines Mode (-55) - CADAED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Nov 1st, 2024 at 2.6336429
The intermediate-term trend has been UP since Feb 13th, 2025 at 2.5828214
The short-term trend has been DOWN since Feb 18th, 2025 at 2.5852543
Smart Scan Analysis for CADAED
Based on our trend formula, CADAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5799881 | 2.5805319 | 2.5799881 | 2.5799881 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5799881 | 2025-02-22 03:04:36 |