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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

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

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

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

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

FOREX_CZKMXN
Open High Low CZKMXN Price Change
0.7886150 0.7921150 0.7829600 0.7909124 +0.0022970
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term up The long-term trend has been UP since Jun 3rd, 2024 at 0.753250

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2024 at 0.770540

short term up The short-term trend has been UP since Jul 24th, 2024 at 0.781845

Smart Scan Analysis for CZKMXN

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

+75
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7886150 0.7921150 0.7829600 0.7909124 +0.0022970
Prev. Close Volume Bid Ask Time
0.7886150 2024-07-26 21:07:45
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