Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 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 DOWN since Aug 24th, 2023 at 0.35081
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.33409
The short-term trend has been UP since Apr 17th, 2024 at 0.33081
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 |
|---|---|---|---|---|
| 0.333920 | 0.334950 | 0.331955 | 0.332930 | -0.000990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.333920 | 2024-04-26 17:04:58 |