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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Canadian Dollar/US Dollar (FOREX:CADUSD)

Weak Downtrend (-65) - CADUSD is showing signs of a strengthening downtrend. Monitor CADUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CADUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADUSD
Open High Low CADUSD Price Change
0.7817998 0.7819098 0.7817998 0.7817998 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADUSD

long term up The long-term trend has been UP since Oct 20th, 2021 at 0.812900

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2021 at 0.801250

short term down The short-term trend has been DOWN since Nov 17th, 2021 at 0.794515

Smart Scan Analysis for CADUSD

Based on our trend formula, CADUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7817998 0.7819098 0.7817998 0.7817998 0.0000000
Prev. Close Volume Bid Ask Time
0.7817998 2021-11-27 17:51:37
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