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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Canadian Dollar/Australian Dollar (FOREX:CADAUD)
Weak Uptrend (+65) - CADAUD is showing signs of weakening momentum to the upside. Monitor CADAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADAUD.
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 CADAUD
The long-term trend has been UP since Dec 4th, 2024 at 1.108900
The intermediate-term trend has been UP since Oct 28th, 2024 at 1.092225
The short-term trend has been DOWN since Jan 15th, 2025 at 1.121700
Smart Scan Analysis for CADAUD
Based on our trend formula, CADAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.113965 | 1.115640 | 1.112300 | 1.114605 | +0.000640 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.113965 | 2025-01-20 09:38:10 |