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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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
15.92695 15.93130 15.74085 15.87600 -0.05095
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term up The long-term trend has been UP since Jul 7th, 2023 at 16.2614

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2023 at 16.1000

short term down The short-term trend has been DOWN since Oct 2nd, 2023 at 15.9299

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
15.92695 15.93130 15.74085 15.87600 -0.05095
Prev. Close Volume Bid Ask Time
15.92695 2023-10-03 17:26:27
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