Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 8, 2025.

Canadian Dollar/US Dollar (FOREX:CADUSD)

Weak Uptrend (+65) - CADUSD is showing signs of weakening momentum to the upside. Monitor CADUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CADUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADUSD
Open High Low CADUSD Price Change
0.7232724 0.7233150 0.7172250 0.7180950 -0.0051770
Entry Signal

MarketClub’s Trade Triangles for CADUSD

long term up The long-term trend has been UP since Apr 3rd, 2025 at 0.7066439

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2025 at 0.7020550

short term down The short-term trend has been DOWN since May 8th, 2025 at 0.7222800

Smart Scan Analysis for CADUSD

Based on our trend formula, CADUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7232724 0.7233150 0.7172250 0.7180950 -0.0051770
Prev. Close Volume Bid Ask Time
0.7232724 2025-05-08 22:52:41
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