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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.

FOREX_CZKGBP
Open High Low CZKGBP Price Change
0.0328580 0.0329805 0.0328005 0.0329675 +0.0001090
Entry Signal

MarketClub’s Trade Triangles for CZKGBP

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 0.033067

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.033474

short term down 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).

-90
Smart Scan Analysis for CZKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0328580 0.0329805 0.0328005 0.0329675 +0.0001090
Prev. Close Volume Bid Ask Time
0.0328580 2021-10-22 17:00:55
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