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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Czech Koruna/Canadian Dollar (FOREX:CZKCAD)

Strong Downtrend (-100) - CZKCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_CZKCAD
Open High Low CZKCAD Price Change
0.05649452 0.05668056 0.05632128 0.05653241 +0.00003800
Entry Signal

MarketClub’s Trade Triangles for CZKCAD

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.05701860

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2021 at 0.05827591

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 0.05779317

Smart Scan Analysis for CZKCAD

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

-100
Smart Scan Analysis for CZKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05649452 0.05668056 0.05632128 0.05653241 +0.00003800
Prev. Close Volume Bid Ask Time
0.05649452 2021-10-15 17:19:11
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