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Archive - 5/29/2026 - Sign In to see current Signals. |
CurrencyShares Canadian Dollar Trust (FXC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the CurrencyShares Canadian Dollar Trust (FXC). During the week, the FXC climbed 0.15 points, or 0.21%, and closed at 70.87 on Friday, May 29, 2026. Weekly volume was -82% 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 price is near the trend support (70.96) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 price is now at the 47.20% retracement level.
Weekly Technical Indicators: [See FXC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 8, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See FXC short-term trend chart] A short-term uptrend had started on March 31, 2026 at 70.00 and reached 72.09 on May 1, 2026. FXC gained -2.09 points, or -2.99%, in 31 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See FXC daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since May 7, 2026. A Parabolic SAR (stop and reversal) indicator (70.99) comes close to the price (70.87). 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 is close to the moving average in the center of the Bollinger Bands. 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. Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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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