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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Czech Koruna/Swedish Krona (FOREX:CZKSEK)

Sidelines Mode (-55) - CZKSEK 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 CZKSEK?

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

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

FOREX_CZKSEK
Open High Low CZKSEK Price Change
0.46811686 0.46873522 0.46628960 0.46685459 -0.00126200
Entry Signal

MarketClub’s Trade Triangles for CZKSEK

long term up The long-term trend has been UP since Dec 2nd, 2021 at 0.40431401

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2023 at 0.46342903

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.46873000

Smart Scan Analysis for CZKSEK

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

-55
Smart Scan Analysis for CZKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46811686 0.46873522 0.46628960 0.46685459 -0.00126200
Prev. Close Volume Bid Ask Time
0.46811686 2023-03-22 05:52:13
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