Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Czech Koruna/Euro (FOREX:CZKEUR)
Sidelines Mode (+55) - CZKEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CZKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKEUR
The long-term trend has been UP since Jul 13th, 2022 at 0.0411555
The intermediate-term trend has been DOWN since Mar 8th, 2023 at 0.0420460
The short-term trend has been UP since Mar 21st, 2023 at 0.0419675
Smart Scan Analysis for CZKEUR
Based on our trend formula, CZKEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).