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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.
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MarketClub’s Trade Triangles for EURCZK
The long-term trend has been DOWN since Dec 22nd, 2021 at 25.16385
The intermediate-term trend has been DOWN since Dec 14th, 2021 at 25.32035
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).
| 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 |