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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Czech Koruna (FOREX:EURCZK)
Weak Downtrend (-65) - EURCZK is showing signs of a strengthening downtrend. Monitor EURCZK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCZK.
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 EURCZK
The long-term trend has been UP since Jul 7th, 2023 at 23.95905
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 25.22930
The short-term trend has been DOWN since May 1st, 2024 at 25.08800
Smart Scan Analysis for EURCZK
Based on our trend formula, EURCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.01060 | 25.02000 | 24.91865 | 24.93405 | -0.07655 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.01060 | 2024-05-09 08:11:35 |
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