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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

US Dollar/Czech Koruna (FOREX:USDCZK)

Sidelines Mode (+55) - USDCZK 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 USDCZK?

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

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

FOREX_USDCZK
Open High Low USDCZK Price Change
22.53590 22.63030 22.39515 22.44350 -0.09240
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term up The long-term trend has been UP since Sep 29th, 2021 at 21.97830

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2021 at 22.29760

short term down The short-term trend has been DOWN since Dec 8th, 2021 at 22.41815

Smart Scan Analysis for USDCZK

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

+55
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.53590 22.63030 22.39515 22.44350 -0.09240
Prev. Close Volume Bid Ask Time
22.53590 2021-12-08 18:02:03
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