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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.

FOREX_CADCZK
Open High Low CADCZK Price Change
17.572978 17.698355 17.570790 17.671200 +0.098222
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Mar 16th, 2020 at 17.592056

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2020 at 17.501221

short term down 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).

-60
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.572978 17.698355 17.570790 17.671200 +0.098222
Prev. Close Volume Bid Ask Time
17.572978 17.670807 17.671593 2020-06-04 05:10:54
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