Forex Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Canadian Dollar/Swiss Franc (FOREX:CADCHF)
Strong Downtrend (-100) - CADCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADCHF continues to fall. 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.
MarketClub’s Trade Triangles for CADCHF
The long-term trend has been DOWN since Aug 10th, 2022 at 0.735750
The intermediate-term trend has been DOWN since Oct 12th, 2023 at 0.662245
The short-term trend has been DOWN since Nov 29th, 2023 at 0.644600
Smart Scan Analysis for CADCHF
Based on our trend formula, CADCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).