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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

US Dollar/Czech Koruna (FOREX:USDCZK)

Strong Uptrend (+100) - USDCZK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDCZK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
23.8726 23.9356 23.8600 23.9356 +0.0630
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 Nov 19th, 2024 at 24.03500

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
23.8726 23.9356 23.8600 23.9356 +0.0630
Prev. Close Volume Bid Ask Time
23.8726 2024-11-20 03:46:03
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