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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Canadian Dollar/Japanese Yen (FOREX:CADJPY)
Crossroads (+60) - CADJPY 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 CADJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADJPY.
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 CADJPY
The long-term trend has been DOWN since Feb 2nd, 2025 at 105.7500
The intermediate-term trend has been UP since May 1st, 2025 at 105.0545
The short-term trend has been UP since May 8th, 2025 at 104.5530
Smart Scan Analysis for CADJPY
Based on our trend formula, CADJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.8800 | 104.9575 | 103.8295 | 104.5910 | +0.7110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.8800 | 2025-05-08 23:27:03 |