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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

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.

FOREX_USDCZK
Open High Low USDCZK Price Change
21.07850 21.14000 20.97720 21.00075 -0.07775
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term up The long-term trend has been UP since Mar 4th, 2021 at 21.97400

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 21.72995

short term down The short-term trend has been DOWN since Apr 13th, 2021 at 21.68555

Smart Scan Analysis for USDCZK

Based on our trend formula, USDCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.07850 21.14000 20.97720 21.00075 -0.07775
Prev. Close Volume Bid Ask Time
21.07850 2021-05-11 16:09:57
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