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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

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.

FOREX_CZKGBP
Open High Low CZKGBP Price Change
0.0330700 0.0330820 0.0329720 0.0330465 -0.0000240
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 Dec 3rd, 2024 at 0.0329740

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).

-55
Smart Scan Analysis for CZKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0330700 0.0330820 0.0329720 0.0330465 -0.0000240
Prev. Close Volume Bid Ask Time
0.0330700 2024-12-06 17:05:29
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