Free Daily Analysis

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.

FOREX_CZKHUF
Open High Low CZKHUF Price Change
16.16365 16.25275 16.12715 16.18985 +0.02620
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term down The long-term trend has been DOWN since Jan 24th, 2023 at 16.35920

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 16.28585

short term up 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).

+50
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Czech Koruna/Hungarian Forint (CZKHUF) - Request Your Free Report.