Forex Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
Czech Koruna/Canadian Dollar (FOREX:CZKCAD)
Weak Downtrend (-65) - CZKCAD is showing signs of a strengthening downtrend. Monitor CZKCAD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CZKCAD
The long-term trend has been DOWN since Mar 1st, 2021 at 0.05831521
The intermediate-term trend has been DOWN since May 5th, 2021 at 0.05706589
The short-term trend has been UP since May 13th, 2021 at 0.05768708
Smart Scan Analysis for CZKCAD
Based on our trend formula, CZKCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).