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It should be noted, though, that a trend in the opposite direction, going up, exists on the 90 day timeframe. Interestingly, a trend in the other direction exists on the 30 day timeframe, where price is headed up. Relative to other instruments in the forex asset class, gbpcad ranked 31st yesterday in terms of percentage price change. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
The closest is the 20 day average, which is
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The most important Forex news · #1: Unemployment Rate · #2: Gross Domestic Product (GDP) Growth Rate · #3: Consumer Price Index (CPI) · #4: Overnight Interest Rate. Follow all the latest forex news, trading strategies, commodities reports & events at DailyFX. Learn which news releases forex traders trade. For example, interest rate decisions may be the main focus during a certain time, while during a.