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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Czech Koruna (FOREX:GBPCZK)
Strong Downtrend (-100) - GBPCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPCZK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCZK.
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 GBPCZK
The long-term trend has been DOWN since May 9th, 2024 at 29.00390
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 29.43990
The short-term trend has been DOWN since May 1st, 2024 at 29.33085
Smart Scan Analysis for GBPCZK
Based on our trend formula, GBPCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.0787 | 29.0929 | 28.9216 | 28.9697 | -0.1090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.0787 | 2024-05-09 09:39:41 |