CAD/CHF Trend Analysis

The CAD/CHF is trending higher on the D1 time frame. The chart below shows the D1 time frame on this pair. Traders can set a price alert for a buy at 0.7330 on this pair, as noted by the yellow line. When the price alert hits, you can check The Forex Heatmap® for a confirmation buy signal. The confirmational buy signal would be consistent CAD strength or consistent CHF weakness, or both.

The upside pip potential is very good, to as high as the 0.7700 area, as noted on the chart. This is about 370 pips of upside potential from here, which is excellent money management ratio. The chart analysis was performed using multiple time frame analysis by individual currency. We use multiple time frame analysis, then apply this analysis method to groups of individual currency pairs like the all seven CAD pairs or all seven CHF pairs we follow to perform the analysis. The trend indicators are 5/12 exponential moving averages.

CAD/CHF Trend Analysis

CAD/CHF Trend Analysis

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