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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Czech Koruna/Canadian Dollar (FOREX:CZKCAD)

Long-Term Uptrend (+90) - CZKCAD is in a strong uptrend that is likely to continue. While CZKCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CZKCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CZKCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CZKCAD
Open High Low CZKCAD Price Change
0.06009170 0.06013677 0.05985076 0.05985553 -0.00023600
Entry Signal

MarketClub’s Trade Triangles for CZKCAD

long term up The long-term trend has been UP since May 6th, 2024 at 0.058966

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 0.058462

short term up The short-term trend has been UP since May 1st, 2024 at 0.058563

Smart Scan Analysis for CZKCAD

Based on our trend formula, CZKCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CZKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06009170 0.06013677 0.05985076 0.05985553 -0.00023600
Prev. Close Volume Bid Ask Time
0.06009170 2024-05-29 10:47:39
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