Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Czech Koruna/Swiss Franc (FOREX:CZKCHF)
Long-Term Downtrend (-90) - CZKCHF is in a strong downtrend that is likely to continue. While CZKCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CZKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKCHF
The long-term trend has been DOWN since Jul 5th, 2022 at 0.040200
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 0.041312
The short-term trend has been DOWN since Aug 12th, 2022 at 0.039659
Smart Scan Analysis for CZKCHF
Based on our trend formula, CZKCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).