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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Singapore Dollar/Czech Koruna (FOREX:SGDCZK)

Long-Term Downtrend (-90) - SGDCZK is in a strong downtrend that is likely to continue. While SGDCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SGDCZK?

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

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

FOREX_SGDCZK
Open High Low SGDCZK Price Change
16.2595 16.3010 16.2070 16.2340 -0.0255
Entry Signal

MarketClub’s Trade Triangles for SGDCZK

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 17.150

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2023 at 16.332

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 16.650

Smart Scan Analysis for SGDCZK

Based on our trend formula, SGDCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SGDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.2595 16.3010 16.2070 16.2340 -0.0255
Prev. Close Volume Bid Ask Time
16.2595 2023-03-31 11:46:18
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