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Forex Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

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
0.673700 0.675125 0.672835 0.674380 +0.000680
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Aug 10th, 2022 at 0.735750

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2023 at 0.655075

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 0.675380

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
0.673700 0.675125 0.672835 0.674380 +0.000680
Prev. Close Volume Bid Ask Time
0.673700 2023-10-01 22:44:48
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