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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Canadian Dollar/Euro (FOREX:CADEUR)

Crossroads (-60) - CADEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CADEUR
Open High Low CADEUR Price Change
0.66955000 0.66962643 0.66770000 0.66834500 -0.00120500
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term up The long-term trend has been UP since Nov 6th, 2024 at 0.672335

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.669700

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.665900

Smart Scan Analysis for CADEUR

Based on our trend formula, CADEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66955000 0.66962643 0.66770000 0.66834500 -0.00120500
Prev. Close Volume Bid Ask Time
0.66955000 2024-12-26 07:31:28
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