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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Crossroads (+60) - CHFCZK 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 CHFCZK?

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

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

FOREX_CHFCZK
Open High Low CHFCZK Price Change
26.22235 26.22235 25.98355 26.02375 -0.19860
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 25.6890

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 26.2265

short term up The short-term trend has been UP since Apr 18th, 2024 at 26.1460

Smart Scan Analysis for CHFCZK

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

+60
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.22235 26.22235 25.98355 26.02375 -0.19860
Prev. Close Volume Bid Ask Time
26.22235 2024-04-19 19:59:20
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