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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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.

FOREX_CADCZK
Open High Low CADCZK Price Change
17.336953 17.337420 17.292104 17.312310 -0.024643
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Feb 1st, 2024 at 17.160000

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 17.302924

short term up The short-term trend has been UP since Mar 18th, 2024 at 17.151246

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).

+90
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.336953 17.337420 17.292104 17.312310 -0.024643
Prev. Close Volume Bid Ask Time
17.336953 2024-03-29 06:08:42
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