Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Czech Koruna/British Pound (FOREX:CZKGBP)
Long-Term Downtrend (-90) - CZKGBP is in a strong downtrend that is likely to continue. While CZKGBP 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 CZKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKGBP
The long-term trend has been DOWN since Oct 19th, 2021 at 0.033067
The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.033474
The short-term trend has been DOWN since Oct 14th, 2021 at 0.033306
Smart Scan Analysis for CZKGBP
Based on our trend formula, CZKGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).