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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Euro/Czech Koruna (FOREX:EURCZK)

Long-Term Downtrend (-90) - EURCZK is in a strong downtrend that is likely to continue. While EURCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURCZK?

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

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

FOREX_EURCZK
Open High Low EURCZK Price Change
24.38735 24.41845 24.25495 24.29465 -0.09270
Entry Signal

MarketClub’s Trade Triangles for EURCZK

long term down The long-term trend has been DOWN since Dec 22nd, 2021 at 25.16385

intermediate term down The intermediate-term trend has been DOWN since Dec 14th, 2021 at 25.32035

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 24.28060

Smart Scan Analysis for EURCZK

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

-90
Smart Scan Analysis for EURCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.38735 24.41845 24.25495 24.29465 -0.09270
Prev. Close Volume Bid Ask Time
24.38735 2022-01-19 09:53:52
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