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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

Czech Koruna/Hungarian Forint (FOREX:CZKHUF)

Sidelines Mode (-55) - CZKHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CZKHUF
Open High Low CZKHUF Price Change
15.49315 15.52805 15.37295 15.42480 -0.06835
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term up The long-term trend has been UP since Mar 12th, 2024 at 15.75585

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2024 at 15.75810

short term up The short-term trend has been UP since Jul 9th, 2024 at 15.70655

Smart Scan Analysis for CZKHUF

Based on our trend formula, CZKHUF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.49315 15.52805 15.37295 15.42480 -0.06835
Prev. Close Volume Bid Ask Time
15.49315 2024-07-15 16:52:36
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