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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 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.

FOREX_CADCHF
Open High Low CADCHF Price Change
0.6207 0.6207 0.6207 0.6207 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term up The long-term trend has been UP since Nov 22nd, 2024 at 0.63713

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.62660

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 0.62810

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
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6207 0.6207 0.6207 0.6207 0.0000
Prev. Close Volume Bid Ask Time
0.6207 2024-12-07 18:24:09
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