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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

Czech Koruna/Swedish Krona (FOREX:CZKSEK)

Countertrend Up (+85) - CZKSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_CZKSEK
Open High Low CZKSEK Price Change
0.47159277 0.47180710 0.46745504 0.47008591 -0.00150700
Entry Signal

MarketClub’s Trade Triangles for CZKSEK

long term up The long-term trend has been UP since Apr 16th, 2024 at 0.46179500

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 0.44589593

short term down The short-term trend has been DOWN since May 14th, 2024 at 0.46674674

Smart Scan Analysis for CZKSEK

Based on our trend formula, CZKSEK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CZKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47159277 0.47180710 0.46745504 0.47008591 -0.00150700
Prev. Close Volume Bid Ask Time
0.47159277 2024-05-20 23:24:16
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