Canadian Dollar weekly chart

Major, intermediate and near-term downtrend for Canadian dollar
Canadian dollar weekly chart showing the major downtrend.

Canadian Dollar 3-year Weekly Chart

The only conclusion is the that the Canadian dollar is going lower.

Reference the last chart analysis for the Canadian dollar.

______________________________

“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Leave a Reply

Your email address will not be published.