Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Czech Koruna/Euro (FOREX:CZKEUR)
Bear Market Rally (-75) - CZKEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKEUR as it may be in the beginning of a reversal.
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 Sep 21st, 2020 at 0.03713800
The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.03702196
The short-term trend has been DOWN since Nov 30th, 2020 at 0.03810150
Smart Scan Analysis for CZKEUR
Based on our trend formula, CZKEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).