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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Czech Koruna/Hungarian Forint (FOREX:CZKHUF)

Long-Term Uptrend (+90) - CZKHUF is in a strong uptrend that is likely to continue. While CZKHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
14.19650 14.21480 14.14725 14.20005 +0.00355
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term up The long-term trend has been UP since Jul 26th, 2021 at 14.11370

intermediate term up The intermediate-term trend has been UP since Sep 10th, 2021 at 13.89665

short term up The short-term trend has been UP since Oct 20th, 2021 at 14.23270

Smart Scan Analysis for CZKHUF

Based on our trend formula, CZKHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.19650 14.21480 14.14725 14.20005 +0.00355
Prev. Close Volume Bid Ask Time
14.19650 2021-10-22 17:00:29
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