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Forex Trend Analysis Report

Prepared for you on Monday, February 10, 2025.

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

Bear Market Rally (-75) - CADAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADAED as it may be in the beginning of a reversal.

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
2.5605097 2.5675529 2.5578893 2.5615990 +0.0010890
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 down The short-term trend has been DOWN since Feb 9th, 2025 at 2.5564121

Smart Scan Analysis for CADAED

Based on our trend formula, CADAED is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CADAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5605097 2.5675529 2.5578893 2.5615990 +0.0010890
Prev. Close Volume Bid Ask Time
2.5605097 2025-02-10 21:59:33
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