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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Strong Downtrend (-100) - CHFCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

FOREX_CHFCZK
Open High Low CHFCZK Price Change
24.33345 24.42800 24.22165 24.23225 -0.10120
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 24.28890

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2020 at 24.84555

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 24.23075

Smart Scan Analysis for CHFCZK

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

-100
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.33345 24.42800 24.22165 24.23225 -0.10120
Prev. Close Volume Bid Ask Time
24.33345 24.21450 24.25000 2020-08-04 22:31:39
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