+Compare
EURCAD
Forex ticker: FOREX
AS OF
Loading...
Price
Loading...
Change
Loading...

EURCAD Euro - Canadian Dollar Forecast, Technical & Fundamental Analysis

Currency EUR
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for EURCAD with price predictions
07:00 PM EST Dec 05, 2023

EURCAD in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 03, 2023

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 44 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EURCAD advanced for three days, in of 257 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 141 cases where EURCAD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 26, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on EURCAD as a result. In of 134 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for EURCAD turned negative on November 22, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 98 similar instances when the indicator turned negative. In of the 98 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EURCAD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
NOMD16.440.02
+0.12%
Nomad Foods Limited
AIMD0.59N/A
N/A
Ainos
WLK129.52-0.57
-0.44%
Westlake Corp
CEI0.26N/A
-1.04%
Camber Energy
AEHR24.23-0.62
-2.48%
Aehr Test Systems

EURCAD and

Correlation & Price change

A.I.dvisor tells us that EURCAD and CADEUR have been negatively correlated (-100% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that EURCAD and CADEUR's prices could move in opposite directions.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EURCAD
1D Price
Change %
EURCAD100%
N/A
CADEUR - EURCAD
-100%
Negatively correlated
N/A