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Forex Trend Analysis Report

Prepared for you on Thursday, October 22, 2020.

Czech Koruna/Canadian Dollar (FOREX:CZKCAD)

Bear Market Rally (-75) - CZKCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKCAD as it may be in the beginning of a reversal.

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
0.05724436 0.05731559 0.05699150 0.05713563 -0.00010900
Entry Signal

MarketClub’s Trade Triangles for CZKCAD

long term down The long-term trend has been DOWN since Oct 8th, 2020 at 0.05701486

intermediate term down The intermediate-term trend has been DOWN since Aug 24th, 2020 at 0.05949638

short term up The short-term trend has been UP since Oct 19th, 2020 at 0.05691232

Smart Scan Analysis for CZKCAD

Based on our trend formula, CZKCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CZKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05724436 0.05731559 0.05699150 0.05713563 -0.00010900
Prev. Close Volume Bid Ask Time
0.05724436 2020-10-22 10:51:00
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