Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Czech Koruna/South African Rand (FOREX:CZKZAR)

Bull Market Weakness (+75) - CZKZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKZAR as it may be in the beginning stages of a reversal.

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
0.6975500	0.7039445	0.6874969	0.6983191	+0.0007690
Entry Signal

MarketClub’s Trade Triangles for CZKZAR

The long-term trend has been UP since Feb 7th, 2021 at 0.724560

The intermediate-term trend has been DOWN since Feb 10th, 2021 at 0.687754

The short-term trend has been UP since Feb 25th, 2021 at 0.697740

Smart Scan Analysis for CZKZAR

Based on our trend formula, CZKZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.6975500	0.7039445	0.6874969	0.6983191	+0.0007690
Prev. Close	Volume	Bid	Ask	Time
0.6975500				2021-02-26 17:12:08

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