Forex Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Czech Koruna/South African Rand (FOREX:CZKZAR)

Sidelines Mode (+55) - CZKZAR 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 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.

Open	High	Low	CZKZAR Price	Change
0.8854665	0.8867223	0.8747900	0.8765218	-0.0089450
Entry Signal

MarketClub’s Trade Triangles for CZKZAR

The long-term trend has been UP since Jul 1st, 2022 at 0.6959399

The intermediate-term trend has been UP since May 11th, 2023 at 0.8889166

The short-term trend has been DOWN since May 31st, 2023 at 0.8862500

Smart Scan Analysis for CZKZAR

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

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.8854665	0.8867223	0.8747900	0.8765218	-0.0089450
Prev. Close	Volume	Bid	Ask	Time
0.8854665				2023-06-05 18:43:20

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