Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Czech Koruna/British Pound (FOREX:CZKGBP)
Crossroads (+60) - CZKGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 30th, 2020 at 0.0324260
The intermediate-term trend has been UP since May 19th, 2020 at 0.0324900
The short-term trend has been UP since May 13th, 2020 at 0.0322885
Smart Scan Analysis for CZKGBP
Based on our trend formula, CZKGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).