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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Australian Dollar/Canadian Dollar (FOREX:AUDCAD)

Bull Market Weakness (+75) - AUDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDCAD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_AUDCAD
Open High Low AUDCAD Price Change
0.9244050 0.9293571 0.9239911 0.9293000 +0.0048950
Entry Signal

MarketClub’s Trade Triangles for AUDCAD

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 0.9525000

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 0.9215171

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.9202000

Smart Scan Analysis for AUDCAD

Based on our trend formula, AUDCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9244050 0.9293571 0.9239911 0.9293000 +0.0048950
Prev. Close Volume Bid Ask Time
0.9244050 2021-10-25 23:10:00
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