Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
Crossroads (-60) - CADCZK is struggling to move into a solid trend. Beware of choppy markets 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 16th, 2020 at 17.592056
The intermediate-term trend has been DOWN since Jun 3rd, 2020 at 17.501221
The short-term trend has been DOWN since Jun 3rd, 2020 at 17.520435
Smart Scan Analysis for CADCZK
Based on our trend formula, CADCZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).