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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Czech Koruna/South African Rand (FOREX:CZKZAR)
Strong Downtrend (-100) - CZKZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKZAR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CZKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CZKZAR
The long-term trend has been DOWN since Jun 18th, 2024 at 0.7850980
The intermediate-term trend has been DOWN since Sep 9th, 2024 at 0.7779169
The short-term trend has been DOWN since Oct 23rd, 2024 at 0.7496900
Smart Scan Analysis for CZKZAR
Based on our trend formula, CZKZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7592100 | 0.7604648 | 0.7535200 | 0.7544192 | -0.0047910 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7592100 | 2024-10-25 17:09:45 |