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.
MarketClub’s Trade Triangles for CZKAED
The long-term trend has been DOWN since Aug 23rd, 2023 at 0.16454632
The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.15942127
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).