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Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
Canadian Dollar/Euro (FOREX:CADEUR)
Countertrend Up (+85) - CADEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for CADEUR
The long-term trend has been UP since Nov 6th, 2024 at 0.672335
The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.674650
The short-term trend has been DOWN since Jan 15th, 2025 at 0.675400
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.674635 | 0.675310 | 0.672400 | 0.674095 | -0.000540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.674635 | 2025-01-17 11:45:17 |