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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Strong Downtrend (-100) - CADCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADCHF continues to fall. Traders should use caution and set stops.

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
0.736500 0.736865 0.735850 0.736125 -0.000375
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Aug 10th, 2022 at 0.73575

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.74145

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 0.74015

Smart Scan Analysis for CADCHF

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

-100
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.736500 0.736865 0.735850 0.736125 -0.000375
Prev. Close Volume Bid Ask Time
0.736500 2022-08-15 02:37:42
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