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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Sidelines Mode (+55) - CADCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_CADCHF
Open High Low CADCHF Price Change
0.741410 0.744300 0.740805 0.742440 +0.001030
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 0.72565

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 0.73370

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 0.74335

Smart Scan Analysis for CADCHF

Based on our trend formula, CADCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.741410 0.744300 0.740805 0.742440 +0.001030
Prev. Close Volume Bid Ask Time
0.741410 2021-10-25 14:13:47
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