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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Czech Koruna (FOREX:USDCZK)
Bull Market Weakness (+75) - USDCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDCZK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCZK.
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 USDCZK
The long-term trend has been UP since Aug 23rd, 2023 at 22.3323
The intermediate-term trend has been UP since Mar 27th, 2024 at 23.4204
The short-term trend has been DOWN since Apr 16th, 2024 at 23.6755
Smart Scan Analysis for USDCZK
Based on our trend formula, USDCZK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.5270 | 23.6348 | 23.5210 | 23.6195 | +0.0925 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.5270 | 2024-04-24 08:01:25 |