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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Euro/Czech Koruna (FOREX:EURCZK)

Sidelines Mode (+55) - EURCZK 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 EURCZK?

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

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

FOREX_EURCZK
Open High Low EURCZK Price Change
24.33975 24.42465 24.31465 24.37340 +0.03365
Entry Signal

MarketClub’s Trade Triangles for EURCZK

long term up The long-term trend has been UP since Jul 7th, 2023 at 23.95905

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 24.41700

short term up The short-term trend has been UP since Dec 1st, 2023 at 24.37950

Smart Scan Analysis for EURCZK

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

+55
Smart Scan Analysis for EURCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.33975 24.42465 24.31465 24.37340 +0.03365
Prev. Close Volume Bid Ask Time
24.35900 2023-12-08 20:39:35
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