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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
Sidelines Mode (-55) - CADCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for CADCZK
The long-term trend has been UP since Nov 11th, 2024 at 17.114932
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 16.910940
The short-term trend has been UP since Dec 19th, 2024 at 16.827385
Smart Scan Analysis for CADCZK
Based on our trend formula, CADCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.835271 | 16.842406 | 16.778500 | 16.784039 | -0.051232 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.835271 | 2024-12-26 06:29:55 |