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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Canadian Dollar/United Arab Emirates Dirham (FOREX:CADAED)
Sidelines Mode (+55) - CADAED 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 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.
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MarketClub’s Trade Triangles for CADAED
The long-term trend has been UP since Apr 3rd, 2025 at 2.5996881
The intermediate-term trend has been UP since Mar 26th, 2025 at 2.5793335
The short-term trend has been DOWN since May 8th, 2025 at 2.6529050
Smart Scan Analysis for CADAED
Based on our trend formula, CADAED is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6381472 | 2.6397988 | 2.6371927 | 2.6381398 | -0.0000070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6381472 | 2025-05-09 03:23:59 |