Serhii_Bond

CADAUD's MACD Histogram crosses above signal line

Long
FX_IDC:CADAUD   CANADIAN DOLLAR / AUSTRALIAN DOLLAR
CADAUD's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for CADAUD turned positive on January 30, 2024. Looking at past instances where CADAUD's MACD turned positive, the stock continued to rise in 30 of 95 cases over the following month. The odds of a continued upward trend are 32%.

Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 30, 2024. You may want to consider a long position or call options on CADAUD as a result. In 34 of 116 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 29%.

Following a +0.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where CADAUD advanced for three days, in 84 of 283 cases, the price rose further within the following month. The odds of a continued upward trend are 30%.

The Aroon Indicator entered an Uptrend today. In 56 of 249 cases where CADAUD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 22%.

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