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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.

FOREX_CADLFX
Open High Low CADLFX Price Change
1.5758 1.5842 1.5712 1.5791 +0.0033
Entry Signal

MarketClub’s Trade Triangles for CADLFX

long term up The long-term trend has been UP since Oct 8th, 2021 at 1.5723

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 1.5500

short term down 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).

+85
Smart Scan Analysis for CADLFX
Strong Downtrend Sideways 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
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