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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swiss Franc/Czech Koruna (FOREX:CHFCZK)
Long-Term Downtrend (-90) - CHFCZK is in a strong downtrend that is likely to continue. While CHFCZK 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 CHFCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCZK.
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 CHFCZK
The long-term trend has been DOWN since Apr 4th, 2024 at 25.68900
The intermediate-term trend has been DOWN since Apr 25th, 2024 at 25.68205
The short-term trend has been DOWN since Apr 30th, 2024 at 25.62840
Smart Scan Analysis for CHFCZK
Based on our trend formula, CHFCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.61710 | 25.64420 | 25.47415 | 25.51970 | -0.09740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.61710 | 2024-05-09 15:08:39 |