Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Czech Koruna/United Arab Emirates Dirham (FOREX:CZKAED)

Bull Market Weakness (+75) - CZKAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKAED as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CZKAED
Open High Low CZKAED Price Change
0.16567282 0.16696540 0.16493299 0.16661463 +0.00094200
Entry Signal

MarketClub’s Trade Triangles for CZKAED

long term down The long-term trend has been DOWN since Aug 23rd, 2023 at 0.16454632

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.15942127

short term up The short-term trend has been UP since Nov 23rd, 2023 at 0.16450265

Smart Scan Analysis for CZKAED

Based on our trend formula, CZKAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CZKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16567282 0.16696540 0.16493299 0.16661463 +0.00094200
Prev. Close Volume Bid Ask Time
0.16567282 2023-11-28 14:44:56
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