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Forex Trend Analysis Report
Prepared for you on Monday, March 1, 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 13th, 2020 at 1.5013
The intermediate-term trend has been UP since Feb 15th, 2021 at 1.5058
The short-term trend has been DOWN since Feb 28th, 2021 at 1.5062
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 |
|---|---|---|---|---|
| 1.5064 | 1.5117 | 1.5063 | 1.5113 | +0.0049 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5064 | 2021-03-01 08:12:50 |