CADCHF - 6 February 2023
20 week cycle trough due end February. Downside magnet.
This analysis is part of a series of "quick reference" analyses in which we present a summary of the important highlights of the current situation.
- The 20 week cycle peak in late October 2022 was early / left translated/ bearish.
- Next 20 week nest-of-lows (includes the 80 day cycle trough) is due end February. Mature cycle - status down.
- The current 80 day cycle from 20 December 2022 is flat and directionless with a downtrend consolidation look.
- The current 40 day cycle is rising from 19 January 2023, with a peak due within the next 4-9 days. Then down into a 20 week trough zone circa 0.675 as an initial estimate.
