EURCAD Euro - Canadian Dollar Forecast, Technical & Fundamental Analysis

EURCAD in upward trend: price may jump up because it broke its lower Bollinger Band on March 22, 2025

EURCAD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 57 cases where EURCAD's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 31, 2025. You may want to consider a long position or call options on EURCAD as a result. In of 153 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EURCAD just turned positive on March 31, 2025. Looking at past instances where EURCAD's MACD turned positive, the stock continued to rise in of 111 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EURCAD advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for EURCAD moved out of overbought territory on March 15, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Aroon Indicator for EURCAD entered a downward trend on March 31, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.