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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

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.

FOREX_CZKCAD
Open High Low CZKCAD Price Change
0.05960632 0.05960632 0.05960632 0.05960632 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CZKCAD

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 0.05842767

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 0.05913332

short term up The short-term trend has been UP since Dec 3rd, 2024 at 0.05878484

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).

+60
Smart Scan Analysis for CZKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05960632 0.05960632 0.05960632 0.05960632 0.00000000
Prev. Close Volume Bid Ask Time
0.05960632 2024-12-07 20:17:27
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