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Currency Shares ETFs Technical Analysis - FXCArchive - 4/17/2025 - 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 seventh consecutive positive week for the CurrencyShares Canadian Dollar Trust (FXC). During the week, the FXC climbed 0.24 points, or 0.34%, and closed at 70.64 on Thursday, April 17, 2025. Weekly volume was 66% above average.
Long-term trend: [See FXC long-term trend chart] A long-term downtrend had started on July 13, 2023 at 74.64 and reached 66.52 on February 3, 2025. FXC lost 8.12 points, or 10.88%, in 81 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 65.88 and resistance is at 73.27. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See FXC medium-term trend chart] A medium-term uptrend had started on February 3, 2025 at 66.52 and reached 70.71 on April 17, 2025. FXC gained -4.19 points, or -6.30%, in 10 weeks. Price is near the trend high.
Weekly Technical Indicators: [See FXC weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 above its signal line since February 14, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 April 15, 2025 at 69.95 and reached 70.71 on April 17, 2025. FXC gained -0.76 points, or -1.09%, in 2 days. The price is now at the 9.21% retracement level.
Daily Technical Indicators: [See FXC daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since April 1, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong. The distance between the Bollinger Bands (5.1%) is close to one year high (3.89%). It is 140.05% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
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Industry |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
69.95 |
Low Date |
04/15/2025 |
High |
70.71 |
High Date |
04/17/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
67.20 |
Low Date |
03/03/2025 |
High |
70.71 |
High Date |
04/17/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
66.52 |
Low Date |
02/03/2025 |
High |
70.71 |
High Date |
04/17/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
73.27 |
Support |
65.88 |
High |
74.64 |
High Date |
07/13/2023 |
Low |
66.52 |
Low Date |
02/03/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
81.77 |
High Date |
06/01/2021 |
Low |
66.52 |
Low Date |
02/03/2025 |
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