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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

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
0.699515 0.700050 0.695990 0.695990 -0.003525
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term up The long-term trend has been UP since Nov 9th, 2020 at 0.700935

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 0.697220

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 0.695400

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
0.699515 0.700050 0.695990 0.695990 -0.003525
Prev. Close Volume Bid Ask Time
0.699515 2020-12-01 10:56:22
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