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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Czech Koruna/US Dollar (FOREX:CZKUSD)

Long-Term Downtrend (-90) - CZKUSD is in a strong downtrend that is likely to continue. While CZKUSD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.04438466 0.04450760 0.04408200 0.04438200 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for CZKUSD

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 0.04562133

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2021 at 0.04496186

short term down The short-term trend has been DOWN since Dec 7th, 2021 at 0.04425959

Smart Scan Analysis for CZKUSD

Based on our trend formula, CZKUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CZKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04438466 0.04450760 0.04408200 0.04438200 -0.00000300
Prev. Close Volume Bid Ask Time
0.04438466 2021-12-07 23:45:25
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