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Forex Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Canadian Dollar/United Arab Emirates Dirham (FOREX:CADAED)

Crossroads (-60) - CADAED is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_CADAED
Open High Low CADAED Price Change
2.7026527 2.7026527 2.7026232 2.7026232 -0.0000290
Entry Signal

MarketClub’s Trade Triangles for CADAED

long term down The long-term trend has been DOWN since Sep 5th, 2023 at 2.6928705

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2023 at 2.7229090

short term up The short-term trend has been UP since Sep 29th, 2023 at 2.7266788

Smart Scan Analysis for CADAED

Based on our trend formula, CADAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7026527 2.7026527 2.7026232 2.7026232 -0.0000290
Prev. Close Volume Bid Ask Time
2.7026527 2023-09-30 04:26:18
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