Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Canadian Dollar/Euro (FOREX:CADEUR)
Weak Uptrend (+65) - CADEUR is showing signs of weakening momentum to the upside. Monitor CADEUR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CADEUR
The long-term trend has been UP since Oct 4th, 2021 at 0.6843075
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 0.6914100
The short-term trend has been UP since Dec 6th, 2021 at 0.6945100
Smart Scan Analysis for CADEUR
Based on our trend formula, CADEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).