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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Long-Term Uptrend (+90) - CHFCZK is in a strong uptrend that is likely to continue. While CHFCZK 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 CHFCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFCZK
Open High Low CHFCZK Price Change
23.69530 23.69980 23.64550 23.68645 -0.00885
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term up The long-term trend has been UP since Jul 8th, 2021 at 23.7581

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 23.5581

short term up The short-term trend has been UP since Oct 14th, 2021 at 23.7523

Smart Scan Analysis for CHFCZK

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

+90
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.69530 23.69980 23.64550 23.68645 -0.00885
Prev. Close Volume Bid Ask Time
23.69530 2021-10-17 21:36:44
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