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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

Canadian Dollar/United Arab Emirates Dirham (FOREX:CADAED)

Weak Downtrend (-65) - CADAED is showing signs of a strengthening downtrend. Monitor CADAED as it may be building momentum to the downside.

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

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

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

FOREX_CADAED
Open High Low CADAED Price Change
2.5369964 2.5678042 2.5324922 2.5622066 +0.0252100
Entry Signal

MarketClub’s Trade Triangles for CADAED

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 2.6336429

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2025 at 2.5391519

short term up The short-term trend has been UP since Feb 4th, 2025 at 2.5550512

Smart Scan Analysis for CADAED

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

-65
Smart Scan Analysis for CADAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5369964 2.5678042 2.5324922 2.5622066 +0.0252100
Prev. Close Volume Bid Ask Time
2.5369964 2025-02-04 23:46:06
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