Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

Countertrend Down (-85) - CHFCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid CHFCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFCAD
Open High Low CHFCAD Price Change
1.3487750 1.3499290 1.3436450 1.3470155 -0.0017600
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term down The long-term trend has been DOWN since Oct 15th, 2021 at 1.336347

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 1.362965

short term up The short-term trend has been UP since Oct 21st, 2021 at 1.345246

Smart Scan Analysis for CHFCAD

Based on our trend formula, CHFCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3487750 1.3499290 1.3436450 1.3470155 -0.0017600
Prev. Close Volume Bid Ask Time
1.3487750 2021-10-25 15:57:01
Get a free daily analysis and signals for Swiss Franc/Canadian Dollar (CHFCAD) - Request Your Free Report.