Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Czech Koruna/Canadian Dollar (FOREX:CZKCAD)
Long-Term Uptrend (+90) - CZKCAD is in a strong uptrend that is likely to continue. While CZKCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Oct 2nd, 2022 at 0.05517106
The intermediate-term trend has been UP since Feb 28th, 2023 at 0.06103800
The short-term trend has been UP since Mar 21st, 2023 at 0.06129381
Smart Scan Analysis for CZKCAD
Based on our trend formula, CZKCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).