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Forex Trend Analysis Report

Prepared for you on Thursday, December 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
0.834310 0.835870 0.833985 0.835840 +0.001530
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 Nov 19th, 2024 at 0.843255

short term down The short-term trend has been DOWN since Dec 3rd, 2024 at 0.846510

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
0.834310 0.835870 0.833985 0.835840 +0.001530
Prev. Close Volume Bid Ask Time
0.834310 2024-12-26 05:43:00
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