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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.
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MarketClub’s Trade Triangles for CHFCAD
The long-term trend has been DOWN since Oct 15th, 2021 at 1.336347
The intermediate-term trend has been UP since Nov 1st, 2021 at 1.358540
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).
| 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 |