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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Canadian Dollar/Australian Dollar (FOREX:CADAUD)

Weak Downtrend (-65) - CADAUD is showing signs of a strengthening downtrend. Monitor CADAUD as it may be building momentum to the downside.

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.

FOREX_CADAUD
Open High Low CADAUD Price Change
1.0902180 1.0902513 1.0902180 1.0902180 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term down The long-term trend has been DOWN since Sep 19th, 2024 at 1.0791

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2024 at 1.0888

short term up The short-term trend has been UP since Oct 23rd, 2024 at 1.0868

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).

-65
Smart Scan Analysis for CADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0902180 1.0902513 1.0902180 1.0902180 0.0000000
Prev. Close Volume Bid Ask Time
1.0902180 2024-10-26 04:47:40
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