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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Euro/Canadian Dollar (FOREX:EURCAD)
Weak Uptrend (+65) - EURCAD is showing signs of weakening momentum to the upside. Monitor EURCAD as it may be in the beginning stages of a reversal.
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 UP since Mar 7th, 2024 at 1.47800
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 1.49149
The short-term trend has been UP since Oct 25th, 2024 at 1.50060
Smart Scan Analysis for EURCAD
Based on our trend formula, EURCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4997 | 1.4997 | 1.4997 | 1.4997 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4997 | 2024-10-26 04:46:24 |