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Forex Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Canadian Dollar/Khazanah Sukuk (FOREX:CADLFX)
Countertrend Up (+85) - CADLFX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CADLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADLFX.
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 CADLFX
The long-term trend has been UP since Oct 8th, 2021 at 1.5723
The intermediate-term trend has been UP since Sep 24th, 2021 at 1.5500
The short-term trend has been DOWN since Oct 27th, 2021 at 1.5755
Smart Scan Analysis for CADLFX
Based on our trend formula, CADLFX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5758 | 1.5842 | 1.5712 | 1.5791 | +0.0033 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5758 | 2021-10-27 21:38:49 |