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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Canadian Dollar/Special drawing rights (FOREX:CADXDR)

Crossroads (-60) - CADXDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CADXDR
Open High Low CADXDR Price Change
0.53693125 0.53693125 0.53693125 0.53693125 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CADXDR

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.55345826

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2025 at 0.53643320

short term up The short-term trend has been UP since Feb 16th, 2025 at 0.53525217

Smart Scan Analysis for CADXDR

Based on our trend formula, CADXDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53693125 0.53693125 0.53693125 0.53693125 0.00000000
Prev. Close Volume Bid Ask Time
0.53693125 2025-02-22 01:41:06
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