Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Czech Koruna/United Arab Emirates Dirham (FOREX:CZKAED)
Countertrend Down (-85) - CZKAED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CZKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKAED
The long-term trend has been DOWN since Aug 19th, 2021 at 0.16758430
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.16924036
The short-term trend has been UP since Oct 19th, 2021 at 0.16809944
Smart Scan Analysis for CZKAED
Based on our trend formula, CZKAED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).