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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, CZKCAD 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.
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MarketClub’s Trade Triangles for CZKCAD
The long-term trend has been DOWN since Nov 11th, 2024 at 0.05842767
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 0.05895459
The short-term trend has been DOWN since Nov 19th, 2024 at 0.05859115
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05846500 | 0.05849228 | 0.05832961 | 0.05834550 | -0.00012000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05846500 | 2024-11-20 03:50:25 |