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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Canadian Dollar/Euro (FOREX:CADEUR)

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

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
0.6822000 0.6825379 0.6805000 0.6811600 -0.0010400
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 0.6764000

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.6822000

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.6813382

Smart Scan Analysis for CADEUR

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

-65
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6822000 0.6825379 0.6805000 0.6811600 -0.0010400
Prev. Close Volume Bid Ask Time
0.6822000 2024-04-25 13:07:21
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