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What is the Canadian dollar (CAD) Currency Index?

Today, max. The currency index is used for analysis and trading of the Canadian dollar CAD against the rest of the Forex market. A portfolio of most liquid currencies is used as a market systemic indicator: EUR, USD, GBP, AUD, CHF, JPY. Curency index is aimed at analysing and trading Canadian dollar (CAD) against other segment of Forex market.

What is CAD-index technical analysis?

All clients that have not yet decided which instrument to trade are in the right place since reading the full characteristics of the CAD-INDEX and watching its performance on the charts will help them to make their final decision. Today, max. Technical analysis is a method of studying and evaluating market dynamics based on the price history.

How to view the CAD index live chart?

By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument. In addition, you have an opportunity to choose the type of display of the CAD Index live chart – Candles or Lines chart – through the buttons in the upper left corner of the chart.

What is an index fund?

An index fund is a mutual fund or ETF that seeks to replicate the performance of an index, often by constructing its portfolio to mirror that of the index itself. Index investing is considered a passive strategy since it does not involve any stock picking or active management.

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