Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Canadian Dollar/Swiss Franc (FOREX:CADCHF)
Long-Term Uptrend (+90) - CADCHF is in a strong uptrend that is likely to continue. While CADCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Nov 9th, 2020 at 0.700935
The intermediate-term trend has been UP since Dec 31st, 2020 at 0.698600
The short-term trend has been UP since Feb 14th, 2021 at 0.703400
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).