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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
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.
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MarketClub’s Trade Triangles for CADUSD
The long-term trend has been DOWN since Nov 1st, 2024 at 0.717035
The intermediate-term trend has been DOWN since Jan 17th, 2025 at 0.691400
The short-term trend has been UP since Feb 4th, 2025 at 0.695660
Smart Scan Analysis for CADUSD
Based on our trend formula, CADUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.690720 | 0.699150 | 0.689525 | 0.697745 | +0.007025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.690720 | 2025-02-04 23:06:36 |