Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Canadian Dollar/Euro (FOREX:CADEUR)
Bear Market Rally (-75) - CADEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADEUR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for CADEUR
The long-term trend has been DOWN since Mar 8th, 2024 at 0.676400
The intermediate-term trend has been UP since Oct 1st, 2024 at 0.669435
The short-term trend has been DOWN since Oct 25th, 2024 at 0.666300
Smart Scan Analysis for CADEUR
Based on our trend formula, CADEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6668001 | 0.6668001 | 0.6665000 | 0.6668001 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6668001 | 2024-10-26 04:48:37 |