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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

US Dollar/Czech Koruna (FOREX:USDCZK)

Long-Term Uptrend (+90) - USDCZK is in a strong uptrend that is likely to continue. While USDCZK 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 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
21.87050 21.97720 21.81495 21.90870 +0.03820
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term up The long-term trend has been UP since Sep 29th, 2021 at 21.97830

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 21.73205

short term up The short-term trend has been UP since Oct 18th, 2021 at 21.96150

Smart Scan Analysis for USDCZK

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

+90
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.87050 21.97720 21.81495 21.90870 +0.03820
Prev. Close Volume Bid Ask Time
21.87050 2021-10-19 23:45:44
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