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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Czech Koruna/Hungarian Forint (FOREX:CZKHUF)

Strong Uptrend (+100) - CZKHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CZKHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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
16.48490 16.52070 16.48015 16.50295 +0.01805
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 Aug 4th, 2024 at 15.73620

short term up The short-term trend has been UP since Nov 26th, 2024 at 16.26685

Smart Scan Analysis for CZKHUF

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

+100
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.48490 16.52070 16.48015 16.50295 +0.01805
Prev. Close Volume Bid Ask Time
16.48490 2024-12-04 04:26:52
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