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.

Open	High	Low	CZKAED Price	Change
0.16548435	0.16702303	0.16510918	0.16698289	+0.00149900
Entry Signal

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).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.16548435	0.16702303	0.16510918	0.16698289	+0.00149900
Prev. Close	Volume	Bid	Ask	Time
0.16548435				2023-06-01 14:27:03

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