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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Crossroads (+60) - CADCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.70905 0.71060 0.70882 0.70963 +0.00058
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Jan 22nd, 2020 at 0.73820

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 0.70100

short term up The short-term trend has been UP since Jun 1st, 2020 at 0.70549

Smart Scan Analysis for CADCHF

Based on our trend formula, CADCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.70905 0.71060 0.70882 0.70963 +0.00058
Prev. Close Volume Bid Ask Time
0.70905 0.70955 0.70971 2020-06-02 04:21:03
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