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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for CADCHF
The long-term trend has been DOWN since Jun 12th, 2024 at 0.649175
The intermediate-term trend has been UP since Nov 6th, 2024 at 0.629900
The short-term trend has been UP since Nov 19th, 2024 at 0.632900
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.63296 | 0.63390 | 0.63270 | 0.63297 | +0.00001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.63296 | 2024-11-20 03:46:34 |