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Forex Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

Crossroads (+60) - CHFCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.3855358 1.3869484 1.3855358 1.3855358 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term down The long-term trend has been DOWN since Oct 15th, 2021 at 1.336347

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2021 at 1.358540

short term up The short-term trend has been UP since Nov 26th, 2021 at 1.368885

Smart Scan Analysis for CHFCAD

Based on our trend formula, CHFCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3855358 1.3869484 1.3855358 1.3855358 0.0000000
Prev. Close Volume Bid Ask Time
1.3855358 2021-11-28 12:06:22
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