Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Invesco CurrencyShares Canadian Dollar Trust (GIF:FXC)
Weak Downtrend (-65) - FXC is showing signs of a strengthening downtrend. Monitor FXC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FXC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXC
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for FXC
Based on our trend formula, FXC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).