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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Czech Koruna/Hungarian Forint (FOREX:CZKHUF)
Sidelines Mode (+50) - CZKHUF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CZKHUF can gain momentum.
Is it time to buy, sell, or avoid CZKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CZKHUF
The long-term trend has been DOWN since Jan 24th, 2023 at 16.35920
The intermediate-term trend has been UP since Mar 13th, 2023 at 16.28585
The short-term trend has been UP since Mar 31st, 2023 at 16.24080
Smart Scan Analysis for CZKHUF
Based on our trend formula, CZKHUF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.16365 | 16.25275 | 16.12715 | 16.18985 | +0.02620 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.16365 | 2023-03-31 17:08:13 |