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Archive
- 6/5/2026 -
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CurrencyShares Canadian Dollar Trust (FXC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the CurrencyShares Canadian Dollar Trust (FXC). During the week, the FXC dropped -0.81 points, or -1.14%, and closed at 70.06 on Friday, June 5, 2026. It was the worst weekly loss since March 27, 2026. Weekly volume was -80% below average.
 Long-term trend: [See FXC long-term trend chart]
A long-term uptrend had started on February 3, 2025 at 66.52 and reached 72.47 on January 29, 2026. FXC gained -5.95 points, or -8.94%, in 51 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (71.02) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See FXC medium-term trend chart]
A medium-term uptrend had started on November 5, 2025 at 69.08 and reached 72.47 on January 29, 2026. FXC gained -3.39 points, or -4.91%, in 12 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (70.43) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See FXC weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since May 8, 2026. Use the following link to access a MACD help.
 Short-term trend: [See FXC short-term trend chart]
A short-term downtrend had started on May 1, 2026 at 72.09 and reached 70.06 on June 5, 2026. FXC lost 2.03 points, or 2.82%, in 35 days. Price is near the trend low.
 Daily Technical Indicators: [See FXC daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since May 7, 2026. This is an indication that the short-term trend is down.
A Parabolic SAR (stop and reversal) indicator (70.52) comes close to the price (70.06). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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