Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Canadian Dollar/US Dollar (FOREX:CADUSD)
Weak Uptrend (+65) - CADUSD is showing signs of weakening momentum to the upside. Monitor CADUSD as it may be in the beginning stages of a reversal.
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 UP since Dec 15th, 2023 at 0.747115
The intermediate-term trend has been UP since Mar 8th, 2024 at 0.744585
The short-term trend has been DOWN since Mar 14th, 2024 at 0.739350
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 |
---|---|---|---|---|
0.7380150 | 0.7384650 | 0.7362957 | 0.7370450 | -0.0009700 |
Prev. Close | Volume | Bid | Ask | Time |
0.7380150 | 2024-03-19 07:32:53 |