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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Sidelines Mode (-50) - CZKMXN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CZKMXN can gain momentum.

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
0.8532841 0.8532841 0.8532841 0.8532841 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term up The long-term trend has been UP since Jun 3rd, 2024 at 0.75325

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2024 at 0.84572

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 0.84721

Smart Scan Analysis for CZKMXN

Based on our trend formula, CZKMXN is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8532841 0.8532841 0.8532841 0.8532841 0.0000000
Prev. Close Volume Bid Ask Time
0.8532841 2024-10-26 04:48:43
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