Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Czech Koruna/Hungarian Forint (FOREX:CZKHUF)

Bull Market Weakness (+75) - CZKHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKHUF as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CZKHUF
Open High Low CZKHUF Price Change
15.60580 15.60840 15.56710 15.58185 -0.02395
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term up The long-term trend has been UP since Mar 12th, 2024 at 15.75585

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 15.65145

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 15.58110

Smart Scan Analysis for CZKHUF

Based on our trend formula, CZKHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.60580 15.60840 15.56710 15.58185 -0.02395
Prev. Close Volume Bid Ask Time
15.60580 2024-04-24 02:54:41
Get a free daily analysis and signals for Czech Koruna/Hungarian Forint (CZKHUF) - Request Your Free Report.