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Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
Euro/Canadian Dollar (FOREX:EURCAD)
Countertrend Down (-85) - EURCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCAD.
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 EURCAD
The long-term trend has been DOWN since Nov 6th, 2024 at 1.48735
The intermediate-term trend has been DOWN since Jan 12th, 2025 at 1.47497
The short-term trend has been UP since Jan 15th, 2025 at 1.48034
Smart Scan Analysis for EURCAD
Based on our trend formula, EURCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4852 | 1.4852 | 1.4852 | 1.4852 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4852 | 2025-01-19 04:41:12 |