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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Canadian Dollar/Euro (FOREX:CADEUR)

Long-Term Uptrend (+90) - CADEUR is in a strong uptrend that is likely to continue. While CADEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.656775 0.657200 0.654185 0.654685 -0.002090
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term up The long-term trend has been UP since Jan 20th, 2021 at 0.65300

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2021 at 0.64830

short term up The short-term trend has been UP since Feb 14th, 2021 at 0.65063

Smart Scan Analysis for CADEUR

Based on our trend formula, CADEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.656775 0.657200 0.654185 0.654685 -0.002090
Prev. Close Volume Bid Ask Time
0.656775 2021-02-25 10:43:58
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