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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Czech Koruna/Euro (FOREX:CZKEUR)

Sidelines Mode (+55) - CZKEUR 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 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
0.0420325 0.0422400 0.0419540 0.0421930 +0.0001610
Entry Signal

MarketClub’s Trade Triangles for CZKEUR

long term up The long-term trend has been UP since Jul 13th, 2022 at 0.0411555

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2023 at 0.0420460

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.0419675

Smart Scan Analysis for CZKEUR

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

+55
Smart Scan Analysis for CZKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0420325 0.0422400 0.0419540 0.0421930 +0.0001610
Prev. Close Volume Bid Ask Time
0.0420325 2023-03-22 21:33:36
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