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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Countertrend Up (+85) - CADCZK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
17.052201 17.152206 16.925000 17.135434 +0.083233
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Mar 1st, 2021 at 17.151791

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2021 at 16.939630

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 16.997765

Smart Scan Analysis for CADCZK

Based on our trend formula, CADCZK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.052201 17.152206 16.925000 17.135434 +0.083233
Prev. Close Volume Bid Ask Time
17.052201 2021-03-01 12:09:02
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