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.
MarketClub’s Trade Triangles for CADCZK
The long-term trend has been UP since Mar 1st, 2021 at 17.151791
The intermediate-term trend has been UP since Feb 21st, 2021 at 16.939630
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).