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Forex Trend Analysis Report
Prepared for you on Saturday, October 5, 2024.
Swiss Franc/Canadian Dollar (FOREX:CHFCAD)
Weak Downtrend (-65) - CHFCAD is showing signs of a strengthening downtrend. Monitor CHFCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCAD.
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 CHFCAD
The long-term trend has been UP since Jun 14th, 2024 at 1.5404000
The intermediate-term trend has been DOWN since Sep 25th, 2024 at 1.5818007
The short-term trend has been DOWN since Oct 2nd, 2024 at 1.5910600
Smart Scan Analysis for CHFCAD
Based on our trend formula, CHFCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5810990 | 1.5810990 | 1.5795895 | 1.5810990 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5810990 | 2024-10-05 09:23:00 |