Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Euro/Canadian Dollar (FOREX:EURCAD)
Sidelines Mode (-55) - EURCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURCAD
The long-term trend has been UP since Mar 3rd, 2025 at 1.51718
The intermediate-term trend has been DOWN since May 11th, 2025 at 1.55763
The short-term trend has been UP since May 29th, 2025 at 1.56762
Smart Scan Analysis for EURCAD
Based on our trend formula, EURCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.568635 | 1.569090 | 1.557635 | 1.558700 | -0.009935 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.568635 | 2025-05-30 19:59:43 |