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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Bear Market Rally (-75) - CADCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADCHF as it may be in the beginning of a reversal.

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
0.736445 0.739920 0.736180 0.739505 +0.003060
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Aug 10th, 2022 at 0.73575

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.74145

short term up The short-term trend has been UP since Aug 16th, 2022 at 0.73960

Smart Scan Analysis for CADCHF

Based on our trend formula, CADCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.736445 0.739920 0.736180 0.739505 +0.003060
Prev. Close Volume Bid Ask Time
0.736445 2022-08-18 23:12:19
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