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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

US Dollar/Czech Koruna (FOREX:USDCZK)

Crossroads (+60) - USDCZK is struggling to move into a solid trend. Beware of choppy markets 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
23.2078 23.2283 23.0620 23.0740 -0.1338
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term down The long-term trend has been DOWN since Dec 12th, 2019 at 22.8130

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2020 at 22.8340

short term up The short-term trend has been UP since Feb 18th, 2020 at 23.0508

Smart Scan Analysis for USDCZK

Based on our trend formula, USDCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.2078 23.2283 23.0620 23.0740 -0.1338
Prev. Close Volume Bid Ask Time
23.2078 23.0590 23.0890 2020-02-21 11:40:21
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