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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.

FOREX_CADEUR
Open High Low CADEUR Price Change
0.674635 0.675310 0.672400 0.674095 -0.000540
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term up The long-term trend has been UP since Nov 6th, 2024 at 0.672335

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.674650

short term down 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).

+85
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways 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
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