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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Czech Koruna/US Dollar (FOREX:CZKUSD)
Bull Market Weakness (+75) - CZKUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CZKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKUSD.
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 CZKUSD
The long-term trend has been DOWN since Aug 23rd, 2023 at 0.04479908
The intermediate-term trend has been UP since May 2nd, 2024 at 0.04295350
The short-term trend has been UP since May 9th, 2024 at 0.04317422
Smart Scan Analysis for CZKUSD
Based on our trend formula, CZKUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04297384 | 0.04318000 | 0.04290097 | 0.04315700 | +0.00018300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04297384 | 2024-05-09 10:05:54 |