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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Canadian Dollar/Euro (FOREX:CADEUR)

Crossroads (+60) - CADEUR 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 CADEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADEUR
Open High Low CADEUR Price Change
0.682361 0.682361 0.680900 0.682361 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 0.6764

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.6822

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.6798

Smart Scan Analysis for CADEUR

Based on our trend formula, CADEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.682361 0.682361 0.680900 0.682361 0.000000
Prev. Close Volume Bid Ask Time
0.682361 2024-04-13 10:52:13
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