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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

Euro/Canadian Dollar (FOREX:EURCAD)

Long-Term Uptrend (+90) - EURCAD is in a strong uptrend that is likely to continue. While EURCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_EURCAD
Open High Low EURCAD Price Change
1.4877 1.4877 1.4830 1.4875 -0.0002
Entry Signal

MarketClub’s Trade Triangles for EURCAD

long term up The long-term trend has been UP since Mar 7th, 2024 at 1.478000

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 1.479460

short term up The short-term trend has been UP since Jun 30th, 2024 at 1.468205

Smart Scan Analysis for EURCAD

Based on our trend formula, EURCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4877 1.4877 1.4830 1.4875 -0.0002
Prev. Close Volume Bid Ask Time
1.4877 2024-07-13 19:24:22
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