Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
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 Dec 16th, 2020 at 0.03829807
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.03835836
The short-term trend has been UP since Mar 9th, 2021 at 0.03809100
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).