Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 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 DOWN since Jul 7th, 2023 at 0.04174750
The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.04097522
The short-term trend has been DOWN since Dec 1st, 2023 at 0.04101800
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).