Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
/US Dollar (FOREX:CUCUSD)
Bull Market Weakness (+75) - CUCUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CUCUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CUCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CUCUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CUCUSD
The long-term trend has been UP since Oct 18th, 2020 at 1.0006182
The intermediate-term trend has been UP since Oct 18th, 2020 at 1.0006182
The short-term trend has been UP since Nov 19th, 2020 at 1.0031388
Smart Scan Analysis for CUCUSD
Based on our trend formula, CUCUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).