Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Bull Market Weakness (+75) - CADZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADZAR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CADZAR
Open High Low CADZAR Price Change
13.059605 13.064673 12.909100 12.965600 -0.094005
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 13.745792

intermediate term up The intermediate-term trend has been UP since Dec 24th, 2024 at 12.976400

short term up The short-term trend has been UP since Dec 17th, 2024 at 12.617422

Smart Scan Analysis for CADZAR

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

+70
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.059605 13.064673 12.909100 12.965600 -0.094005
Prev. Close Volume Bid Ask Time
13.059605 2024-12-26 05:46:31
Get a free daily analysis and signals for Canadian Dollar/South African Rand (CADZAR) - Request Your Free Report.