Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
Long-Term Uptrend (+90) - CADCZK is in a strong uptrend that is likely to continue. While CADCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for CADCZK
The long-term trend has been UP since Oct 8th, 2021 at 17.538138
The intermediate-term trend has been UP since Sep 26th, 2021 at 17.159671
The short-term trend has been UP since Oct 4th, 2021 at 17.330755
Smart Scan Analysis for CADCZK
Based on our trend formula, CADCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).