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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Czech Koruna/South African Rand (FOREX:CZKZAR)

Weak Downtrend (-65) - CZKZAR is showing signs of a strengthening downtrend. Monitor CZKZAR as it may be building momentum to the downside.

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

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

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

FOREX_CZKZAR
Open High Low CZKZAR Price Change
0.7986800 0.8038081 0.7970600 0.8026246 +0.0039450
Entry Signal

MarketClub’s Trade Triangles for CZKZAR

long term down The long-term trend has been DOWN since Apr 9th, 2024 at 0.7903213

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2024 at 0.8072562

short term up The short-term trend has been UP since Apr 15th, 2024 at 0.7970450

Smart Scan Analysis for CZKZAR

Based on our trend formula, CZKZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CZKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7986800 0.8038081 0.7970600 0.8026246 +0.0039450
Prev. Close Volume Bid Ask Time
0.7986800 2024-04-16 22:04:49
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