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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Swiss Franc/Canadian Dollar (FOREX:CHFCAD)
Strong Uptrend (+100) - CHFCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Dec 9th, 2024 at 1.614775
The intermediate-term trend has been UP since Dec 5th, 2024 at 1.595805
The short-term trend has been UP since Dec 17th, 2024 at 1.598731
Smart Scan Analysis for CHFCAD
Based on our trend formula, CHFCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6069110 | 1.6076011 | 1.6069110 | 1.6076011 | +0.0006900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6069110 | 2024-12-21 07:12:18 |