Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Czech Koruna/South African Rand (FOREX:CZKZAR)

Long-Term Uptrend (+90) - CZKZAR is in a strong uptrend that is likely to continue. While CZKZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open	High	Low	CZKZAR Price	Change
0.8389704	0.8396123	0.8339750	0.8342350	-0.0047350
Entry Signal

MarketClub’s Trade Triangles for CZKZAR

The long-term trend has been UP since Jul 1st, 2022 at 0.6959399

The intermediate-term trend has been UP since Mar 21st, 2023 at 0.8366250

The short-term trend has been UP since Mar 20th, 2023 at 0.8223276

Smart Scan Analysis for CZKZAR

Based on our trend formula, CZKZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.8389704	0.8396123	0.8339750	0.8342350	-0.0047350
Prev. Close	Volume	Bid	Ask	Time
0.8389704				2023-03-22 03:15:27

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