Forex Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Czech Koruna/United Arab Emirates Dirham (FOREX:CZKAED)
Bull Market Weakness (+75) - CZKAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKAED as it may be in the beginning stages of a reversal.
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 Mar 4th, 2021 at 0.16716512
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.16911594
The short-term trend has been UP since Apr 13th, 2021 at 0.16933452
Smart Scan Analysis for CZKAED
Based on our trend formula, CZKAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).