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.
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MarketClub’s Trade Triangles for CADAUD
The long-term trend has been DOWN since Sep 19th, 2024 at 1.0791
The intermediate-term trend has been DOWN since Sep 16th, 2024 at 1.0888
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).
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 |