Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Czech Koruna/Mexican Peso (FOREX:CZKMXN)
Weak Downtrend (-65) - CZKMXN is showing signs of a strengthening downtrend. Monitor CZKMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CZKMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKMXN.
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 CZKMXN
The long-term trend has been DOWN since Mar 2nd, 2023 at 0.817380
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.711690
The short-term trend has been DOWN since May 10th, 2024 at 0.724415
Smart Scan Analysis for CZKMXN
Based on our trend formula, CZKMXN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.726250 | 0.727190 | 0.723305 | 0.724460 | -0.001790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.726250 | 2024-05-10 08:25:59 |
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