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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

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.

FOREX_CADCZK
Open High Low CADCZK Price Change
18.093764 18.186500 18.078248 18.173681 +0.079917
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Mar 1st, 2022 at 17.921254

intermediate term down The intermediate-term trend has been DOWN since Jun 20th, 2022 at 18.036279

short term up The short-term trend has been UP since Jun 21st, 2022 at 18.163732

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).

+55
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.093764 18.186500 18.078248 18.173681 +0.079917
Prev. Close Volume Bid Ask Time
18.093764 2022-06-24 17:03:21
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