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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Swiss Franc/Canadian Dollar (FOREX:CHFCAD)
Weak Downtrend (-65) - CHFCAD is showing signs of a strengthening downtrend. Monitor CHFCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCAD.
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 CHFCAD
The long-term trend has been DOWN since Apr 2nd, 2024 at 1.494355
The intermediate-term trend has been UP since Apr 15th, 2024 at 1.511705
The short-term trend has been DOWN since Apr 21st, 2024 at 1.507735
Smart Scan Analysis for CHFCAD
Based on our trend formula, CHFCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4984650 | 1.5041110 | 1.4954218 | 1.4987550 | +0.0002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4984650 | 2024-04-24 20:16:04 |