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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
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.
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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 Dec 20th, 2024 at 2.6372286
The short-term trend has been UP since Dec 20th, 2024 at 2.5761881
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7152329 | 2.7152329 | 2.7152329 | 2.7152329 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7152329 | 2024-12-22 01:27:27 |