Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Canadian Dollar/Khazanah Sukuk (FOREX:CADLFX)
Long-Term Uptrend (+90) - CADLFX is in a strong uptrend that is likely to continue. While CADLFX 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 CADLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADLFX
The long-term trend has been UP since Oct 13th, 2020 at 1.5013
The intermediate-term trend has been UP since Feb 15th, 2021 at 1.5058
The short-term trend has been UP since Feb 21st, 2021 at 1.5077
Smart Scan Analysis for CADLFX
Based on our trend formula, CADLFX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).