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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.
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MarketClub’s Trade Triangles for CADCHF
The long-term trend has been DOWN since Aug 10th, 2022 at 0.73575
The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.74145
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).
| 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 |