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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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
22.12250 22.36130 22.08215 22.28770 +0.16520
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term up The long-term trend has been UP since Aug 23rd, 2023 at 22.33230

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 23.03645

short term up The short-term trend has been UP since Nov 30th, 2023 at 22.32000

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
22.12250 22.36130 22.08215 22.28770 +0.16520
Prev. Close Volume Bid Ask Time
22.12250 2023-11-30 20:14:35
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