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Forex Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Czech Koruna/Singapore Dollar (FOREX:CZKSGD)

Crossroads (+60) - CZKSGD 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 CZKSGD?

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

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

FOREX_CZKSGD
Open High Low CZKSGD Price Change
0.0582040 0.0582270 0.0579535 0.0579985 -0.0002050
Entry Signal

MarketClub’s Trade Triangles for CZKSGD

long term down The long-term trend has been DOWN since Sep 1st, 2023 at 0.0604550

intermediate term up The intermediate-term trend has been UP since Apr 25th, 2024 at 0.0578935

short term up The short-term trend has been UP since May 2nd, 2024 at 0.0581625

Smart Scan Analysis for CZKSGD

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

+60
Smart Scan Analysis for CZKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0582040 0.0582270 0.0579535 0.0579985 -0.0002050
Prev. Close Volume Bid Ask Time
0.0582040 2024-05-03 16:59:43
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