(Last Updated April 8, 2020)
Hello! This is the news page for CADCHF. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of CADCHF:
20 Day Moving Average Direction: bullish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bearish
How the Current CADCHF Rate Fares Relative to the Past Year?
The previous trading day saw CADCHF close at a rate of 0.6919. On a relative basis, that puts the pair closer to its 52 week low (currently at 0.66041) than its 52 week high (now at 0.7638).To dig deeper and get the latest news on CADCHF, try the links below. You can also visit the MarketWatch or Investing.com pages on CADCHF for more news as well.
Compared to its peers in the forex, cad/chf gave its buyers a return that ranked 18th in terms of percentage change since the day prior.
It should be noted, though, that a trend in the opposite direction, going up, exists on the 14 day timeframe.
As for the rationale, technical traders seem to be citing the appearance of channel and trendline technical patterns.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
Volatility for cad/chf has been contracting over the past two weeks relative to volatility over the past month.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.
Volatility for cad/chf has been contracting over the past two weeks relative to volatility over the past month.
The clearest trend exists on the 30 day timeframe, which shows price moving down over that time.
Or to simplify this another way, note that out of the past 10 days cad/chf’s price has gone down 7 them.