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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Sidelines Mode (-55) - CZKMXN 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 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
0.918535 0.919180 0.912255 0.914345 -0.004190
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term down The long-term trend has been DOWN since Oct 8th, 2020 at 0.924043

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 0.926740

short term down The short-term trend has been DOWN since Dec 3rd, 2020 at 0.914260

Smart Scan Analysis for CZKMXN

Based on our trend formula, CZKMXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.918535 0.919180 0.912255 0.914345 -0.004190
Prev. Close Volume Bid Ask Time
0.918535 2020-12-03 21:30:56
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