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Downtrend Broken Resist.Archive
- 9/5/2025 -
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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 gave back -0.63 points, or -0.89%, and closed at 70.55 on Friday, September 5, 2025. It was the worst weekly loss since July 11, 2025. Weekly volume was -42% below average.
 Long-term trend: [See FXC long-term trend chart]
A long-term downtrend had started on June 1, 2021 at 81.77 and reached 66.52 on February 3, 2025. FXC lost 15.25 points, or 18.65%, in 191 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (65.62) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line 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 72.21 on June 16, 2025. FXC gained -5.69 points, or -8.55%, in 19 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (70.43) 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 medium-term trend.
 Weekly Technical Indicators: [See FXC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since August 8, 2025. 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 August 22, 2025 at 70.18 and reached 71.19 on August 29, 2025. FXC gained -1.01 points, or -1.44%, in 7 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See FXC daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since August 26, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (70.47) comes close to the price (70.55). 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 price 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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