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Forex Trend Analysis Report

Prepared for you on Thursday, May 19, 2022.

Czech Koruna/US Dollar (FOREX:CZKUSD)

Sidelines Mode (-55) - CZKUSD 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 CZKUSD?

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

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

FOREX_CZKUSD
Open High Low CZKUSD Price Change
0.04261108 0.04264940 0.04259783 0.04261199 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for CZKUSD

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 0.04408200

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2022 at 0.04423411

short term up The short-term trend has been UP since May 16th, 2022 at 0.04213919

Smart Scan Analysis for CZKUSD

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

-55
Smart Scan Analysis for CZKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04261108 0.04264940 0.04259783 0.04261199 +0.00000100
Prev. Close Volume Bid Ask Time
0.04261108 2022-05-19 01:31:52
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