Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Czech Koruna/British Pound (FOREX:CZKGBP)
Sidelines Mode (+55) - CZKGBP 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 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 May 31st, 2023 at 0.0362735
The intermediate-term trend has been UP since Sep 25th, 2023 at 0.0356905
The short-term trend has been DOWN since Sep 27th, 2023 at 0.0355340
Smart Scan Analysis for CZKGBP
Based on our trend formula, CZKGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).