Custom CAD Index L is a synthetic index calculated by using 7 CAD currency pairs:
USD / CAD
NZD / CAD
AUD / CAD
CAD / CHF
CAD / JPY
GBP / CAD
EUR / CAD
Custom CAD Index L reflects absolute value of CAD against 7 major currencies: USD, EUR, JPY, CHF, GBP, AUD and NZD
Custom CAD Index L chart goes up as the absolute value of Canadian dollar goes up.