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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Canadian Dollar/Czech Koruna (FOREX:CADCZK)

Weak Downtrend (-65) - CADCZK is showing signs of a strengthening downtrend. Monitor CADCZK as it may be building momentum to the downside.

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
17.251304 17.273352 17.171685 17.174174 -0.077130
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Feb 1st, 2024 at 17.160000

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 17.155880

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 17.253283

Smart Scan Analysis for CADCZK

Based on our trend formula, CADCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CADCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.251304 17.273352 17.171685 17.174174 -0.077130
Prev. Close Volume Bid Ask Time
17.251304 2024-04-19 17:04:41
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