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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Czech Koruna (FOREX:USDCZK)
Weak Downtrend (-65) - USDCZK is showing signs of a strengthening downtrend. Monitor USDCZK as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for USDCZK
The long-term trend has been DOWN since May 15th, 2024 at 22.81000
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 23.11725
The short-term trend has been UP since Jul 22nd, 2024 at 23.21700
Smart Scan Analysis for USDCZK
Based on our trend formula, USDCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.35500 | 23.40600 | 23.31215 | 23.34160 | -0.01340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.35500 | 2024-07-26 19:57:56 |
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