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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADCZK
Open High Low CADCZK Price Change
16.6580 16.6985 16.6015 16.6220 -0.0360
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term down The long term trend has been DOWN since Oct 20th, 2017 at 17.3150

intermediate term down The intermediate term trend has been DOWN since Jan 12th, 2018 at 16.7705

short term down The short term trend has been DOWN since Jan 10th, 2018 at 17.0870

Smart Scan Analysis for CADCZK

Based on a pre-defined weighted trend formula for chart analysis, CADCZK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.6580 16.6985 16.6015 16.6220 -0.0360
Prev. Close Volume Bid Ask Time
16.6295 16.5890 16.6550 2018-01-19 18:38:18
Want to analyze Canadian Dollar/Czech Koruna CADCZK or another symbol? Try our Free Forex Trend Analysis Report.