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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

Bull Market Weakness (+75) - CHFCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFCAD as it may be in the beginning stages of a reversal.

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.

FOREX_CHFCAD
Open High Low CHFCAD Price Change
1.3560500 1.3621950 1.3553498 1.3618150 +0.0057650
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 1.4268300

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 1.3581550

short term up The short-term trend has been UP since Apr 5th, 2021 at 1.3360085

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).

+70
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3560500 1.3621950 1.3553498 1.3618150 +0.0057650
Prev. Close Volume Bid Ask Time
1.3560500 2021-04-12 10:57:21
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