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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Canadian Dollar/Swiss Franc (FOREX:CADCHF)
Bear Market Rally (-75) - CADCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADCHF as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CADCHF
The long-term trend has been DOWN since Dec 9th, 2024 at 0.61860
The intermediate-term trend has been UP since Dec 25th, 2024 at 0.63272
The short-term trend has been DOWN since Dec 25th, 2024 at 0.62070
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.62660 | 0.62670 | 0.62340 | 0.62373 | -0.00287 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.62660 | 2024-12-26 16:41:47 |