Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
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 DOWN since Jan 5th, 2022 at 17.119200
The intermediate-term trend has been DOWN since Dec 14th, 2021 at 17.452577
The short-term trend has been UP since Jan 11th, 2022 at 17.080314
Smart Scan Analysis for CADCZK
Based on our trend formula, CADCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).