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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Swiss Franc (FOREX:CADCHF)
Long-Term Downtrend (-90) - CADCHF is in a strong downtrend that is likely to continue. While CADCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jun 12th, 2024 at 0.649175
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.651900
The short-term trend has been DOWN since Jul 11th, 2024 at 0.655500
Smart Scan Analysis for CADCHF
Based on our trend formula, CADCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.63755 | 0.64010 | 0.63728 | 0.63940 | +0.00185 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.63755 | 2024-07-26 20:25:01 |