Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Czech Koruna/British Pound (FOREX:CZKGBP)

Countertrend Down (-85) - CZKGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.0330165 0.0330210 0.0329340 0.0329480 -0.0000680
Entry Signal

MarketClub’s Trade Triangles for CZKGBP

long term down The long-term trend has been DOWN since Jul 2nd, 2024 at 0.0336105

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.0327080

short term up The short-term trend has been UP since Nov 13th, 2024 at 0.0328975

Smart Scan Analysis for CZKGBP

Based on our trend formula, CZKGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CZKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0330165 0.0330210 0.0329340 0.0329480 -0.0000680
Prev. Close Volume Bid Ask Time
0.0330165 2024-11-20 03:41:13
Get a free daily analysis and signals for Czech Koruna/British Pound (CZKGBP) - Request Your Free Report.