Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Czech Koruna/Euro (FOREX:CZKEUR)

Strong Downtrend (-100) - CZKEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKEUR continues to fall. Traders should use caution and set stops.

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
0.0394575 0.0395010 0.0394135 0.0394495 -0.0000080
Entry Signal

MarketClub’s Trade Triangles for CZKEUR

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 0.0392940

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2024 at 0.0397320

short term down The short-term trend has been DOWN since Sep 23rd, 2024 at 0.0398215

Smart Scan Analysis for CZKEUR

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

-100
Smart Scan Analysis for CZKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0394575 0.0395010 0.0394135 0.0394495 -0.0000080
Prev. Close Volume Bid Ask Time
0.0394575 2024-10-07 10:22:19
Get a free daily analysis and signals for Czech Koruna/Euro (CZKEUR) - Request Your Free Report.