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Downtrend Broken Resist.Archive
- 12/12/2025 -
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CurrencyShares Canadian Dollar Trust (FXC) Technical Analysis
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| Summary:
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| | It was a third positive week after 4 consecutive negative weeks for the CurrencyShares Canadian Dollar Trust (FXC). During the week, the FXC climbed 0.30 points, or 0.42%, and closed at 70.97 on Friday, December 12, 2025. Weekly volume was -44% 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 (65.20) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. FXC may retest the broken resistance line. It is considered to be a support 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 resistance line in a long-term trend.
 Medium-term trend: [See FXC medium-term trend chart]
A medium-term downtrend had started on June 16, 2025 at 72.21 and reached 69.08 on November 5, 2025. FXC lost 3.13 points, or 4.33%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (68.61) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. FXC may retest the broken resistance line. It is considered to be a support 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 resistance 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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 November 21, 2025 at 69.19 and reached 71.04 on December 12, 2025. FXC gained -1.85 points, or -2.67%, in 21 days. Price is near the trend high.
 Daily Technical Indicators: [See FXC daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. 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, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since November 26, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
A Parabolic SAR (stop and reversal) indicator (70.39) comes close to the price (70.97). 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.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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