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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Sidelines Mode (+55) - CZKMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.931050 0.934205 0.930535 0.932330 +0.001280
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term up The long-term trend has been UP since Oct 1st, 2021 at 0.9452054

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2021 at 0.9339000

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.9409350

Smart Scan Analysis for CZKMXN

Based on our trend formula, CZKMXN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.931050 0.934205 0.930535 0.932330 +0.001280
Prev. Close Volume Bid Ask Time
0.931050 2021-10-18 05:59:06
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