Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Canadian Dollar/Swiss Franc (FOREX:CADCHF)
Weak Downtrend (-65) - CADCHF is showing signs of a strengthening downtrend. Monitor CADCHF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADCHF
The long-term trend has been UP since Mar 18th, 2024 at 0.6560
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.6615
The short-term trend has been DOWN since Apr 11th, 2024 at 0.6640
Smart Scan Analysis for CADCHF
Based on our trend formula, CADCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.657945 | 0.662465 | 0.657900 | 0.660100 | +0.002155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.657945 | 2024-04-19 17:35:38 |
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