The exchange rate of the Canadian dollar to the Swiss franc on Forex
CADCHF, a currency pair comprised of the Canadian dollar and the Swiss franc, is characterized by a fairly calm behavior almost with no strong fluctuations.This cross pair is distingueshed from other trading instruments by the presence of medium-term and sluggish trends.The volatility level makes it one of the most calm currency pairs: average daily movement rarely exceeds 70 points. The peak of daily trading activity is observed at the intersection of the European and American sessions, and the peak of weekly activity falls on Thursday. However, in the hands of experienced traders, CADCHF can bring stable income.The forecast for this pair can be successfully carried out both by fundamental methods and technical analysis tools. Various indicators, graphic elements, including trend levels, lines and other tools predict the future direction of thepair accurately and give timely signals to open positions. When trading CADCHF, despite the calm nature of this pair, it is necessary to get fresh analytical data in advance before entering the trade. The dynamics of the pair is significantly influenced by such fundamental factors as GDP and inflation levels in Canada and Switzerland, the interest rates of their central banks, as well as the value of the Swiss indicator KOF.
The current cross-rate of the Canadian dollar to the Swiss franc is presented below in the CAD/CHF quotations chart.
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