Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

Long-Term Uptrend (+90) - CHFCAD is in a strong uptrend that is likely to continue. While CHFCAD 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 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
1.3577600 1.3716425 1.3573310 1.3632558 +0.0054960
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term up The long-term trend has been UP since Aug 10th, 2022 at 1.3590885

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 1.3486200

short term up The short-term trend has been UP since Aug 9th, 2022 at 1.3510640

Smart Scan Analysis for CHFCAD

Based on our trend formula, CHFCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3577600 1.3716425 1.3573310 1.3632558 +0.0054960
Prev. Close Volume Bid Ask Time
1.3577600 2022-08-15 17:46:09
Get a free daily analysis and signals for Swiss Franc/Canadian Dollar (CHFCAD) - Request Your Free Report.