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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Czech Koruna/Polish New Zloty (FOREX:CZKPLN)
Sidelines Mode (+55) - CZKPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CZKPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKPLN.
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 CZKPLN
The long-term trend has been DOWN since Mar 26th, 2023 at 0.191185
The intermediate-term trend has been UP since Apr 15th, 2024 at 0.170600
The short-term trend has been DOWN since May 6th, 2024 at 0.172133
Smart Scan Analysis for CZKPLN
Based on our trend formula, CZKPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.172200 | 0.172544 | 0.171680 | 0.171923 | -0.000277 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.172200 | 2024-05-08 22:50:13 |