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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
0.69785 0.69785 0.69785 0.69785 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long-term trend has been DOWN since Jan 22nd, 2020 at 0.7382

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 0.7010

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.6955

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
0.69785 0.69785 0.69785 0.69785 0.00000
Prev. Close Volume Bid Ask Time
0.69785 0.69710 0.69860 2020-05-30 21:52:20
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