Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

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
0.6906555 0.6912150 0.6904000 0.6909500 +0.0002940
Entry Signal

MarketClub’s Trade Triangles for CADEUR

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.6843075

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 0.6914100

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 0.6966000

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
0.6906555 0.6912150 0.6904000 0.6909500 +0.0002940
Prev. Close Volume Bid Ask Time
0.6906555 2021-12-06 01:39:41
Get a free daily analysis and signals for Canadian Dollar/Euro (CADEUR) - Request Your Free Report.