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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

US Dollar/Czech Koruna (FOREX:USDCZK)

Long-Term Uptrend (+90) - USDCZK is in a strong uptrend that is likely to continue. While USDCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
24.0923 24.0940 24.0923 24.0923 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term up The long-term trend has been UP since Nov 5th, 2024 at 23.67400

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 22.81605

short term up The short-term trend has been UP since Dec 10th, 2024 at 23.83230

Smart Scan Analysis for USDCZK

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

+90
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.0923 24.0940 24.0923 24.0923 0.0000
Prev. Close Volume Bid Ask Time
24.0923 2024-12-21 09:37:33
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