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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

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

Sidelines Mode (-55) - CZKAED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.15304706 0.15353507 0.15298278 0.15341754 +0.00037000
Entry Signal

MarketClub’s Trade Triangles for CZKAED

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 0.16191319

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.15624575

short term up The short-term trend has been UP since Aug 9th, 2022 at 0.15318614

Smart Scan Analysis for CZKAED

Based on our trend formula, CZKAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CZKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15304706 0.15353507 0.15298278 0.15341754 +0.00037000
Prev. Close Volume Bid Ask Time
0.15304706 2022-08-10 04:11:48
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