|
|
Currency Shares ETFs Technical Analysis - FXCArchive - 8/28/2026 - Sign In to see current Signals. |
CurrencyShares Canadian Dollar Trust (FXC) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the CurrencyShares Canadian Dollar Trust (FXC). During the week, the FXC gave back -0.56 points, or -0.79%, and closed at 70.37 on Friday, August 28, 2026. It was the worst weekly loss since June 18, 2026. Weekly volume was 6% above 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 (71.80) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
Medium-term trend: [See FXC medium-term trend chart] A medium-term downtrend had started on January 29, 2026 at 72.47 and reached 68.64 on June 24, 2026. FXC lost 3.83 points, or 5.28%, in 20 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 67.56 and resistance is at 71.60. 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 medium-term trend.
Weekly Technical Indicators: [See FXC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since August 14, 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 June 24, 2026 at 68.64 and reached 71.10 on August 21, 2026. FXC gained -2.46 points, or -3.58%, in 58 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 69.69 and resistance is at 71.36. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See FXC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.
| |
|
|