| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
[ANNOUNCE]The CAD/JPY currency pair has shown no massive changes to its overall price movement during the past few weeks.[/ANNOUNCE]
The exchange rate showed no significant changes to its price range. Moreover, the movement has been constrained by several descending patterns, the most recent of which, is a falling wedge pattern.
There is still downside potential that could drive the currency exchange rate lower toward the bottom border of the dotted downtrend channel during the following trading sessions.