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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Czech Koruna/United Arab Emirates Dirham (FOREX:CZKAED)

Strong Downtrend (-100) - CZKAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKAED continues to fall. Traders should use caution 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.

FOREX_CZKAED
Open High Low CZKAED Price Change
0.15320083 0.15330200 0.15137719 0.15171143 -0.00148900
Entry Signal

MarketClub’s Trade Triangles for CZKAED

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.15515550

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.16101067

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.15285875

Smart Scan Analysis for CZKAED

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

-100
Smart Scan Analysis for CZKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15320083 0.15330200 0.15137719 0.15171143 -0.00148900
Prev. Close Volume Bid Ask Time
0.15320083 2024-11-21 18:21:48
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