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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Bear Market Rally (-75) - CHFCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFCZK as it may be in the beginning 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.

FOREX_CHFCZK
Open High Low CHFCZK Price Change
25.99040 26.08975 25.96190 25.98010 -0.01030
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 25.68900

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 26.48120

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 25.98535

Smart Scan Analysis for CHFCZK

Based on our trend formula, CHFCZK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.99040 26.08975 25.96190 25.98010 -0.01030
Prev. Close Volume Bid Ask Time
25.99040 2024-04-18 10:48:44
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