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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.

FOREX_CZKCAD
Open High Low CZKCAD Price Change
0.05841950 0.05881640 0.05835709 0.05877076 +0.00035100
Entry Signal

MarketClub’s Trade Triangles for CZKCAD

long term up The long-term trend has been UP since Dec 17th, 2020 at 0.05974265

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2021 at 0.05901409

short term down 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).

-60
Smart Scan Analysis for CZKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05841950 0.05881640 0.05835709 0.05877076 +0.00035100
Prev. Close Volume Bid Ask Time
0.05841950 2021-02-26 17:12:08
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