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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
0.15726868 0.15754415 0.15692602 0.15728337 +0.00001500
Entry Signal

MarketClub’s Trade Triangles for CZKAED

long term up The long-term trend has been UP since May 15th, 2024 at 0.16088968

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2024 at 0.15887151

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 0.15820109

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
0.15726868 0.15754415 0.15692602 0.15728337 +0.00001500
Prev. Close Volume Bid Ask Time
0.15726868 2024-07-26 16:59:43
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