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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

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
16.19535 16.39280 16.18895 16.39180 +0.19645
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term up The long-term trend has been UP since Jul 26th, 2021 at 14.1137

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2022 at 16.1390

short term up The short-term trend has been UP since Aug 10th, 2022 at 16.2347

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
16.19535 16.39280 16.18895 16.39180 +0.19645
Prev. Close Volume Bid Ask Time
16.19535 2022-08-10 04:48:22
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