Forex Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Czech Koruna/United Arab Emirates Dirham (FOREX:CZKAED)
Crossroads (-60) - CZKAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 11th, 2022 at 0.15655979
The intermediate-term trend has been DOWN since May 1st, 2023 at 0.17035635
The short-term trend has been DOWN since May 9th, 2023 at 0.17211234
Smart Scan Analysis for CZKAED
Based on our trend formula, CZKAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).