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.
MarketClub’s Trade Triangles for CADCZK
The long-term trend has been UP since Mar 1st, 2021 at 17.151791
The intermediate-term trend has been DOWN since Apr 6th, 2021 at 17.415861
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).