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Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Canadian Dollar/Euro (FOREX:CADEUR)

Long-Term Uptrend (+90) - CADEUR is in a strong uptrend that is likely to continue. While CADEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.677190 0.679145 0.676300 0.677700 +0.000510
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 up The intermediate-term trend has been UP since Nov 6th, 2024 at 0.671670

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.677905

Smart Scan Analysis for CADEUR

Based on our trend formula, CADEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.677190 0.679145 0.676300 0.677700 +0.000510
Prev. Close Volume Bid Ask Time
0.677190 2024-12-02 15:43:38
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