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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Sidelines Mode (+55) - CADCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CADCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADCZK
Open High Low CADCZK Price Change
17.056169 17.154577 17.032000 17.140894 +0.084725
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Feb 1st, 2024 at 17.160000

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 17.166416

short term up The short-term trend has been UP since Mar 18th, 2024 at 17.151246

Smart Scan Analysis for CADCZK

Based on our trend formula, CADCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.056169 17.154577 17.032000 17.140894 +0.084725
Prev. Close Volume Bid Ask Time
17.056169 2024-03-18 22:30:24
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