Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Czech Koruna/Canadian Dollar (FOREX:CZKCAD)
Crossroads (-60) - CZKCAD 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 CZKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKCAD
The long-term trend has been UP since Dec 17th, 2020 at 0.05974265
The intermediate-term trend has been DOWN since Feb 19th, 2021 at 0.05901409
The short-term trend has been DOWN since Feb 16th, 2021 at 0.05963110
Smart Scan Analysis for CZKCAD
Based on our trend formula, CZKCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).