Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Czech Koruna/South African Rand (FOREX:CZKZAR)

Bear Market Rally (-75) - CZKZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKZAR as it may be in the beginning 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
0.8116800	0.8154042	0.7971554	0.7988800	-0.0128000
Entry Signal

MarketClub’s Trade Triangles for CZKZAR

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

The intermediate-term trend has been UP since Apr 18th, 2024 at 0.8127900

The short-term trend has been DOWN since Apr 26th, 2024 at 0.8065150

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
0.8116800	0.8154042	0.7971554	0.7988800	-0.0128000
Prev. Close	Volume	Bid	Ask	Time
0.8116800				2024-04-26 10:34:28

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