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.
MarketClub’s Trade Triangles for CHFCZK
The long-term trend has been DOWN since Jul 27th, 2020 at 24.28890
The intermediate-term trend has been DOWN since Jul 14th, 2020 at 24.84555
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).