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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

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
0.822980 0.826330 0.816340 0.818075 -0.004905
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term down The long-term trend has been DOWN since Oct 15th, 2019 at 0.8199400

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.8226146

short term up The short-term trend has been UP since Feb 20th, 2020 at 0.8126050

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
0.822980 0.826330 0.816340 0.818075 -0.004905
Prev. Close Volume Bid Ask Time
0.822980 0.817440 0.818710 2020-02-24 22:04:44
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