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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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

Long-Term Downtrend (-90) - CZKAED is in a strong downtrend that is likely to continue. While CZKAED is showing intraday strength, it remains in the confines of a bearish trend. 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
0.15691554 0.15703980 0.15618292 0.15677590 -0.00014000
Entry Signal

MarketClub’s Trade Triangles for CZKAED

long term down The long-term trend has been DOWN since Aug 23rd, 2023 at 0.16454632

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.15683296

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.15719218

Smart Scan Analysis for CZKAED

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

-90
Smart Scan Analysis for CZKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15691554 0.15703980 0.15618292 0.15677590 -0.00014000
Prev. Close Volume Bid Ask Time
0.15691554 2024-03-28 11:26:57
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