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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Bear Market Rally (-75) - CADCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADCZK as it may be in the beginning of a reversal.

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
16.132645 16.161292 15.972500 16.031178 -0.101467
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term down The long-term trend has been DOWN since Oct 2nd, 2022 at 18.123939

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2023 at 16.383000

short term up The short-term trend has been UP since Mar 27th, 2023 at 16.093273

Smart Scan Analysis for CADCZK

Based on our trend formula, CADCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.132645 16.161292 15.972500 16.031178 -0.101467
Prev. Close Volume Bid Ask Time
16.132645 2023-03-28 17:54:37
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