CADJPY Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time Frame | Trend | 38.2% | 50% | 61.8% |
Long | 118.68 to 103.247 | . | 110.285 (45.60%) | . |
Intermediate | 103.247 to 109.551 | 108.154 (22.16%) | . | . |
Short | 105.207 to 110.354 | 109.512 (16.36%) | . | . |