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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Canadian Dollar/Euro (FOREX:CADEUR)

Countertrend Down (-85) - CADEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.643510 0.647480 0.640200 0.642735 -0.000775
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 0.6660

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 0.6792

short term up The short-term trend has been UP since Apr 1st, 2020 at 0.6474

Smart Scan Analysis for CADEUR

Based on our trend formula, CADEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.643510 0.647480 0.640200 0.642735 -0.000775
Prev. Close Volume Bid Ask Time
0.643510 0.642650 0.642820 2020-04-01 12:23:31
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