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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low CADCZK Price Change
16.9880 17.1055 16.9760 17.0705 +0.0825
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long term trend has been UP since May 1st, 2018 at 16.5605

intermediate term down The intermediate term trend has been DOWN since Nov 21st, 2018 at 17.1870

short term up The short term trend has been UP since Dec 12th, 2018 at 17.0745

Smart Scan Analysis for CADCZK

Based on a pre-defined weighted trend formula for chart analysis, CADCZK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.9880 17.1055 16.9760 17.0705 +0.0825
Prev. Close Volume Bid Ask Time
16.9880 17.0700 17.0710 2018-12-14 14:19:52
Want to analyze Canadian Dollar/Czech Koruna CADCZK or another symbol? Try our Free Forex Trend Analysis Report.