USD/CAD Down 13 Pips in Last Hour, in a Downtrend Over Past 30 Days; is Inching Close to 200 Day Average
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
USDCAD
January 19, 2022 12:49 GMT
USDCAD Hourly View
Over the past 91 days, USDCAD’s price has been in a clear uptrend, growing by about $0.00 per day.
USDCAD Daily View
Over the past 135 days, the trend for USDCAD’s price has been choppy and unclear. It has oscillated between $1.2323 and $1.294.
USDCAD Weekly View
USDCAD’s price has moved down $0.07 over the prior 31 months.
USDCAD Monthly View
USDCAD has a price of $1.2476, down 1.18% from its value 19 days prior.
What is USDCAD Correlated With?
+ Strongest correlations over previous 30 days within its asset class: EURCAD, USDMXN, and CADCHF
+ Weakest correlation over previous 30 days within its asset class: EURSEK
USD/CAD Up 20 Pips in Last Hour, Moves Down For the 3rd Day In A Row; in a Downtrend Over Past 14 Days
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
USD/CAD Up 9 Pips On Hourly Chart, Crosses 100 Day Moving Average; in a Downtrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
USD/CAD Down 2 Pips On Hourly Chart, Price Base in Formation Over Past 30 Days; Nears 50 Day Moving Average
This move is a reversal from the hour prior, which saw price move up.
USD/CAD Up 3 Pips On Hourly Chart; is Inching Close to 50 Day Average
This is a reversal of the price action on the previous hour, in which price moved down.
USD/CAD Down 8 Pips On Hourly Chart, Breaks Below 20 Day Average; Price Base in Formation Over Past 14 Days
Relative to other instruments in the forex asset class, usdcad ranked 35th the previous day in terms of percentage price change.
USD/CAD Up 5 Pips in Last Hour, 5 Day Down Streak Ended; Doji Pattern Appearing on Chart
Compared to its peers in the forex, usdcad gave its buyers a return that ranked 4th in terms of percentage change since the day prior.
USD/CAD Up 4 Pips On Hourly Chart, Entered Today Down For the 5th Straight Day; Crosses 20 Day Moving Average
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up.
USD/CAD Up 9 Pips in Last Hour, Moves Down For the 4th Straight Day; Nears 20 Day Moving Average
The closest is the 20 day average, which is 7.5 pips away.
USD/CAD Up 9 Pips Over Past Hour, 2 Day Down Streak Ended; Price Base in Formation Over Past 90 Days
Relative to other instruments in the forex asset class, usdcad ranked 4th the day prior in terms of percentage price change.