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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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
0.38840067 0.38875704 0.38692396 0.38724760 -0.00115300
Entry Signal

MarketClub’s Trade Triangles for CZKSEK

long term down The long-term trend has been DOWN since Mar 13th, 2020 at 0.40802270

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.38525527

short term down The short-term trend has been DOWN since Nov 25th, 2020 at 0.38683879

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
0.38840067 0.38875704 0.38692396 0.38724760 -0.00115300
Prev. Close Volume Bid Ask Time
0.38840067 2020-11-27 20:25:45
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