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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Euro/Czech Koruna (FOREX:EURCZK)

Bull Market Weakness (+75) - EURCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURCZK as it may be in the beginning stages of a reversal.

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
24.33975 24.40730 24.31465 24.40325 +0.06350
Entry Signal

MarketClub’s Trade Triangles for EURCZK

long term up The long-term trend has been UP since Jul 7th, 2023 at 23.95905

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 24.41700

short term up The short-term trend has been UP since Dec 1st, 2023 at 24.37950

Smart Scan Analysis for EURCZK

Based on our trend formula, EURCZK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.33975 24.40730 24.31465 24.40325 +0.06350
Prev. Close Volume Bid Ask Time
24.33975 2023-12-08 12:16:29
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