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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

US Dollar/Czech Koruna (FOREX:USDCZK)

Countertrend Down (-85) - USDCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_USDCZK
Open High Low USDCZK Price Change
21.52510 21.60125 21.39000 21.40860 -0.11650
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term down The long-term trend has been DOWN since Jan 5th, 2022 at 21.70495

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2021 at 22.34770

short term up The short-term trend has been UP since Jan 16th, 2022 at 21.54065

Smart Scan Analysis for USDCZK

Based on our trend formula, USDCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.52510 21.60125 21.39000 21.40860 -0.11650
Prev. Close Volume Bid Ask Time
21.52510 2022-01-19 05:39:19
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