The CAD/CHF trend analysis is presented here. This pair is trying to form a new down trend on the D1 time frame. Traders can set an audible price alert at 0.7365 for a potential sell on this pair (see the yellow line on the chart).
When the alert hits check The Forex Heatmap® for a trade entry verification signal with consistent CAD weakness or CHF strength or both. Since the trend is forming and new on a larger time frame, the overall pip potential is strong as there is no nearby support levels below the alert price. These simple trend indicators for market analysis are 5/12 exponential moving averages that can be applied to multiple time frames. Traders can use these trend indicators for the CAD/CHF or any other currency pair, we trade 28 currency pairs at Forexearlywarning.
CAD/CHF Trend Analysis