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Forex Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Long-Term Uptrend (+90) - CZKMXN is in a strong uptrend that is likely to continue. While CZKMXN 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 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
0.850555 0.855245 0.849695 0.851080 +0.000525
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term up The long-term trend has been UP since Dec 2nd, 2022 at 0.833025

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2022 at 0.823435

short term up The short-term trend has been UP since Dec 2nd, 2022 at 0.831095

Smart Scan Analysis for CZKMXN

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

+90
Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.850555 0.855245 0.849695 0.851080 +0.000525
Prev. Close Volume Bid Ask Time
0.850555 2022-12-07 15:59:23
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