Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
Bear Market Rally (-75) - CADCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADCZK as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for CADCZK
The long-term trend has been DOWN since May 7th, 2024 at 16.934835
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 16.928922
The short-term trend has been UP since Jul 23rd, 2024 at 16.939500
Smart Scan Analysis for CADCZK
Based on our trend formula, CADCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.902500 | 16.942834 | 16.857371 | 16.879272 | -0.023228 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.902500 | 2024-07-26 17:04:01 |