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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

US Dollar/Czech Koruna (FOREX:USDCZK)

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

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
22.00430 22.04315 21.76585 21.78460 -0.21970
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 23.456

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 21.870

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 22.357

Smart Scan Analysis for USDCZK

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

-100
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.00430 22.04315 21.76585 21.78460 -0.21970
Prev. Close Volume Bid Ask Time
22.00430 2023-03-28 21:02:30
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