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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Strong Downtrend (-100) - CADCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADCHF continues to fall. Traders should use caution and set stops.

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
0.639305 0.639500 0.634185 0.637085 -0.002220
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Jun 12th, 2024 at 0.649175

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.651900

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 0.655500

Smart Scan Analysis for CADCHF

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

-100
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.639305 0.639500 0.634185 0.637085 -0.002220
Prev. Close Volume Bid Ask Time
0.639305 2024-07-25 16:16:51
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