Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Czech Koruna/South African Rand (FOREX:CZKZAR)

Crossroads (-60) - CZKZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	CZKZAR Price	Change
0.7982136	0.7984932	0.7978150	0.7978829	-0.0003310
Entry Signal

MarketClub’s Trade Triangles for CZKZAR

The long-term trend has been DOWN since Apr 9th, 2024 at 0.7903213

The intermediate-term trend has been UP since Apr 18th, 2024 at 0.8127900

The short-term trend has been UP since May 8th, 2024 at 0.7975950

Smart Scan Analysis for CZKZAR

Based on our trend formula, CZKZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.7982136	0.7984932	0.7978150	0.7978829	-0.0003310
Prev. Close	Volume	Bid	Ask	Time
0.7982136				2024-05-09 01:07:17

Get a free daily analysis and signals for Czech Koruna/South African Rand (CZKZAR) - Request Your Free Report.