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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Crossroads (+60) - CADCHF is struggling to move into a solid trend. Beware of choppy markets 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
0.746985 0.748850 0.746500 0.748345 +0.001360
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 down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.736350

short term down The short-term trend has been DOWN since Apr 19th, 2021 at 0.733410

Smart Scan Analysis for CADCHF

Based on our trend formula, CADCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.746985 0.748850 0.746500 0.748345 +0.001360
Prev. Close Volume Bid Ask Time
0.746985 2021-05-12 05:11:12
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