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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Czech Koruna/Hungarian Forint (FOREX:CZKHUF)

Long-Term Uptrend (+90) - CZKHUF is in a strong uptrend that is likely to continue. While CZKHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
15.99495 16.03190 15.97650 15.98830 -0.00665
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 Oct 23rd, 2024 at 15.91455

Smart Scan Analysis for CZKHUF

Based on our trend formula, CZKHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.99495 16.03190 15.97650 15.98830 -0.00665
Prev. Close Volume Bid Ask Time
15.99495 2024-10-25 17:05:33
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