Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 16, 2021.

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
17.298926 17.328053 17.247000 17.293968 -0.004958
Entry Signal

MarketClub’s Trade Triangles for CADCZK

long term up The long-term trend has been UP since Mar 1st, 2021 at 17.151791

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2021 at 17.415861

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 17.258592

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
17.298926 17.328053 17.247000 17.293968 -0.004958
Prev. Close Volume Bid Ask Time
17.298926 2021-04-16 13:14:20
Get a free daily analysis and signals for Canadian Dollar/Czech Koruna (CADCZK) - Request Your Free Report.