Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
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.
MarketClub’s Trade Triangles for CADCZK
The long-term trend has been UP since Mar 1st, 2022 at 17.921254
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 18.036279
The short-term trend has been UP since Jun 21st, 2022 at 18.163732
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).