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.
MarketClub’s Trade Triangles for CHFCZK
The long-term trend has been DOWN since Dec 28th, 2020 at 24.0688
The intermediate-term trend has been DOWN since Jan 29th, 2021 at 24.0843
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).