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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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.

FOREX_CADAUD
Open High Low CADAUD Price Change
1.127425 1.134200 1.126900 1.132200 +0.004775
Entry Signal

MarketClub’s Trade Triangles for CADAUD

long term up The long-term trend has been UP since Feb 4th, 2024 at 1.1428765

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2024 at 1.1261000

short term up The short-term trend has been UP since Mar 28th, 2024 at 1.1300000

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
1.127425 1.134200 1.126900 1.132200 +0.004775
Prev. Close Volume Bid Ask Time
1.127425 2024-03-28 11:24:48
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