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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Euro/Czech Koruna (FOREX:EURCZK)

Sidelines Mode (+50) - EURCZK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURCZK can gain momentum.

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
23.62915 23.66280 23.62235 23.63960 +0.01045
Entry Signal

MarketClub’s Trade Triangles for EURCZK

long term down The long-term trend has been DOWN since Jul 13th, 2022 at 24.29815

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2023 at 23.78560

short term up The short-term trend has been UP since Mar 27th, 2023 at 23.79130

Smart Scan Analysis for EURCZK

Based on our trend formula, EURCZK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.62915 23.66280 23.62235 23.63960 +0.01045
Prev. Close Volume Bid Ask Time
23.62915 2023-03-29 02:19:01
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