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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Bull Market Weakness (+75) - CADCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADCHF as it may be in the beginning stages of a reversal.

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.

FOREX_CADCHF
Open High Low CADCHF Price Change
0.667400 0.668800 0.664800 0.667495 +0.000095
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term up The long-term trend has been UP since Mar 18th, 2024 at 0.6560

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.6615

short term up The short-term trend has been UP since Apr 21st, 2024 at 0.6633

Smart Scan Analysis for CADCHF

Based on our trend formula, CADCHF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.667400 0.668800 0.664800 0.667495 +0.000095
Prev. Close Volume Bid Ask Time
0.667400 2024-04-24 21:43:22
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