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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Strong Downtrend (-100) - CZKMXN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CZKMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CZKMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CZKMXN
Open High Low CZKMXN Price Change
0.9160700 0.9163800 0.9094250 0.9098369 -0.0062330
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term down The long-term trend has been DOWN since Oct 25th, 2021 at 0.9115049

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.9228550

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.9409350

Smart Scan Analysis for CZKMXN

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

-100
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9160700 0.9163800 0.9094250 0.9098369 -0.0062330
Prev. Close Volume Bid Ask Time
0.9160700 2021-10-25 23:15:44
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