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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Czech Koruna/Canadian Dollar (FOREX:CZKCAD)

Sidelines Mode (-55) - CZKCAD 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 CZKCAD?

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

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

FOREX_CZKCAD
Open High Low CZKCAD Price Change
0.05806550 0.05837947 0.05805952 0.05834754 +0.00028200
Entry Signal

MarketClub’s Trade Triangles for CZKCAD

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 0.05827366

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.05779200

short term up The short-term trend has been UP since Apr 24th, 2024 at 0.05808921

Smart Scan Analysis for CZKCAD

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

-55
Smart Scan Analysis for CZKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05806550 0.05837947 0.05805952 0.05834754 +0.00028200
Prev. Close Volume Bid Ask Time
0.05806550 2024-04-25 12:09:33
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