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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Euro/Czech Koruna (FOREX:EURCZK)

Strong Downtrend (-100) - EURCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
26.27745 26.29585 26.11300 26.12430 -0.15315
Entry Signal

MarketClub’s Trade Triangles for EURCZK

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 26.48235

intermediate term down The intermediate-term trend has been DOWN since Jul 21st, 2020 at 26.57400

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 26.15700

Smart Scan Analysis for EURCZK

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

-100
Smart Scan Analysis for EURCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.27745 26.29585 26.11300 26.12430 -0.15315
Prev. Close Volume Bid Ask Time
26.27745 26.10580 26.14280 2020-08-04 21:40:29
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