Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Swiss Franc/Czech Koruna (FOREX:CHFCZK)
Bull Market Weakness (+75) - CHFCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFCZK as it may be in the beginning stages of a reversal.
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 Nov 7th, 2022 at 24.60410
The intermediate-term trend has been UP since Mar 12th, 2023 at 24.14205
The short-term trend has been UP since Mar 24th, 2023 at 24.10800
Smart Scan Analysis for CHFCZK
Based on our trend formula, CHFCZK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).