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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
US Dollar/Canadian Dollar (FOREX:USDCAD)
Long-Term Uptrend (+90) - USDCAD is in a strong uptrend that is likely to continue. While USDCAD 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 USDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCAD.
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 USDCAD
The long-term trend has been UP since Oct 31st, 2024 at 1.39442
The intermediate-term trend has been UP since Mar 3rd, 2025 at 1.44725
The short-term trend has been UP since Mar 10th, 2025 at 1.44259
Smart Scan Analysis for USDCAD
Based on our trend formula, USDCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.444900 | 1.448460 | 1.435365 | 1.436620 | -0.008280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.444900 | 2025-03-12 17:07:53 |