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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Czech Koruna/US Dollar (FOREX:CZKUSD)

Strong Downtrend (-100) - CZKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKUSD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CZKUSD?

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

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

FOREX_CZKUSD
Open High Low CZKUSD Price Change
0.04171260 0.04173799 0.04148346 0.04157905 -0.00013400
Entry Signal

MarketClub’s Trade Triangles for CZKUSD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.04224045

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.04383682

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.04160601

Smart Scan Analysis for CZKUSD

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

-100
Smart Scan Analysis for CZKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04171260 0.04173799 0.04148346 0.04157905 -0.00013400
Prev. Close Volume Bid Ask Time
0.04171260 2024-11-21 05:49:12
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