Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Czech Koruna/Hong Kong Dollar (FOREX:CZKHKD)
Sidelines Mode (+55) - CZKHKD 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 CZKHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CZKHKD
The long-term trend has been UP since May 15th, 2024 at 0.342525
The intermediate-term trend has been UP since Jul 17th, 2024 at 0.337725
The short-term trend has been DOWN since Jul 22nd, 2024 at 0.336435
Smart Scan Analysis for CZKHKD
Based on our trend formula, CZKHKD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33427 | 0.33487 | 0.33350 | 0.33428 | +0.00001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33427 | 2024-07-26 16:59:43 |