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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Czech Koruna/Euro (FOREX:CZKEUR)

Bear Market Rally (-75) - CZKEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKEUR as it may be in the beginning of a reversal.

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

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

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

FOREX_CZKEUR
Open High Low CZKEUR Price Change
0.0395470 0.0395735 0.0395315 0.0395335 -0.0000130
Entry Signal

MarketClub’s Trade Triangles for CZKEUR

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 0.039294

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2024 at 0.039732

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.039510

Smart Scan Analysis for CZKEUR

Based on our trend formula, CZKEUR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CZKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0395470 0.0395735 0.0395315 0.0395335 -0.0000130
Prev. Close Volume Bid Ask Time
0.0395470 2024-11-20 03:37:53
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