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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Crossroads (+60) - CZKMXN is struggling to move into a solid trend. Beware of choppy markets 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
0.7337650 0.7377100 0.7273042 0.7283750 -0.0053900
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 0.817380

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.711690

short term up The short-term trend has been UP since Apr 25th, 2024 at 0.726125

Smart Scan Analysis for CZKMXN

Based on our trend formula, CZKMXN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7337650 0.7377100 0.7273042 0.7283750 -0.0053900
Prev. Close Volume Bid Ask Time
0.7337650 2024-04-26 15:55:53
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