Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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
15.59460 15.64200 15.56325 15.59320 -0.00140
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 up The intermediate-term trend has been UP since Feb 29th, 2024 at 15.57305

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 15.59895

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
15.59460 15.64200 15.56325 15.59320 -0.00140
Prev. Close Volume Bid Ask Time
15.59460 2024-03-28 10:35:08
Get a free daily analysis and signals for Czech Koruna/Hungarian Forint (CZKHUF) - Request Your Free Report.