Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Czech Koruna/US Dollar (FOREX:CZKUSD)

Sidelines Mode (-55) - CZKUSD 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 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
0.04240114 0.04270969 0.04234598 0.04270900 +0.00030800
Entry Signal

MarketClub’s Trade Triangles for CZKUSD

long term down The long-term trend has been DOWN since Aug 23rd, 2023 at 0.04479908

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.04269787

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.04223780

Smart Scan Analysis for CZKUSD

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

-55
Smart Scan Analysis for CZKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04240114 0.04270969 0.04234598 0.04270900 +0.00030800
Prev. Close Volume Bid Ask Time
0.04240114 2024-04-25 13:40:07
Get a free daily analysis and signals for Czech Koruna/US Dollar (CZKUSD) - Request Your Free Report.