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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Czech Koruna/US Dollar (FOREX:CZKUSD)

Crossroads (+60) - CZKUSD is struggling to move into a solid trend. Beware of choppy markets 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
0.04540940 0.04542276 0.04514026 0.04523521 -0.00017400
Entry Signal

MarketClub’s Trade Triangles for CZKUSD

long term down The long-term trend has been DOWN since Aug 23rd, 2023 at 0.04479908

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.04340656

short term up The short-term trend has been UP since Nov 23rd, 2023 at 0.04479831

Smart Scan Analysis for CZKUSD

Based on our trend formula, CZKUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CZKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04540940 0.04542276 0.04514026 0.04523521 -0.00017400
Prev. Close Volume Bid Ask Time
0.04540940 2023-11-29 13:43:49
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