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.
MarketClub’s Trade Triangles for CZKMXN
The long-term trend has been DOWN since Oct 25th, 2021 at 0.9115049
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.9228550
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).