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Forex Trend Analysis Report

Prepared for you on Monday, February 6, 2023.

Czech Koruna/Turkish Lira (FOREX:CZKTRY)

Sidelines Mode (+55) - CZKTRY 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 CZKTRY?

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

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

FOREX_CZKTRY
Open High Low CZKTRY Price Change
0.8555585 0.8556230 0.8534705 0.8534810 -0.0020770
Entry Signal

MarketClub’s Trade Triangles for CZKTRY

long term up The long-term trend has been UP since Oct 11th, 2021 at 0.4102310

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2022 at 0.7569180

short term down The short-term trend has been DOWN since Feb 5th, 2023 at 0.8546055

Smart Scan Analysis for CZKTRY

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

+55
Smart Scan Analysis for CZKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8555585 0.8556230 0.8534705 0.8534810 -0.0020770
Prev. Close Volume Bid Ask Time
0.8555585 2023-02-06 02:12:53
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