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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Long-Term Uptrend (+90) - CADCZK is in a strong uptrend that is likely to continue. While CADCZK 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 CADCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADCZK
Open High Low CADCZK Price Change
17.711542 17.769513 17.694897 17.736500 +0.024958
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Oct 8th, 2021 at 17.538138

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2021 at 17.159671

short term up The short-term trend has been UP since Oct 4th, 2021 at 17.330755

Smart Scan Analysis for CADCZK

Based on our trend formula, CADCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.711542 17.769513 17.694897 17.736500 +0.024958
Prev. Close Volume Bid Ask Time
17.711542 2021-10-19 20:37:54
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