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.
MarketClub’s Trade Triangles for CZKAED
The long-term trend has been DOWN since Mar 1st, 2022 at 0.16191319
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.15624575
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).