I Know First’s unique algorithm predicts the movements of currency pairs by analyzing past data and identifying current trends. Below are the most recent pairs of past forecasts and the actual forecast results.
The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It went up by 0.2% on December 18, 2015. The currency pair rose by 1.1% on the previous day. The currency is on the way to have one of the worst years.
Forecast Length: 14 days (12/06/15 – 12/20/15)
Forecast Length: 14 days (12/01/15 – 12/15/15)
This is very interesting example why when we look at the exchange rate we have to take a deeper look to see what really happened. We need to know what really happen, even if one currency rises against another, it does not mean that there is a depreciation of the foreign currency.
7 Days Currency Prediction from December 6th to December 13th
