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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Countertrend Down (-85) - CHFCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_CHFCZK
Open High Low CHFCZK Price Change
23.8428 23.8505 23.6359 23.6828 -0.1600
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term down The long-term trend has been DOWN since Dec 28th, 2020 at 24.0688

intermediate term down The intermediate-term trend has been DOWN since Jan 29th, 2021 at 24.0843

short term up The short-term trend has been UP since Feb 25th, 2021 at 23.8649

Smart Scan Analysis for CHFCZK

Based on our trend formula, CHFCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.8428 23.8505 23.6359 23.6828 -0.1600
Prev. Close Volume Bid Ask Time
23.8428 2021-03-01 08:59:27
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