EURCAD Euro - Canadian Dollar Forecast, Technical & Fundamental Analysis

EURCAD's Stochastic Oscillator remains in overbought zone for 1 day

Expect a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 22, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EURCAD as a result. In of 152 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EURCAD's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EURCAD just turned positive on February 12, 2025. Looking at past instances where EURCAD's MACD turned positive, the stock continued to rise in of 113 cases over the following month. The odds of a continued upward trend are .

EURCAD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 232 cases where EURCAD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .