Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Czech Koruna/Hong Kong Dollar (FOREX:CZKHKD)
Strong Downtrend (-100) - CZKHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CZKHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKHKD
The long-term trend has been DOWN since Aug 24th, 2023 at 0.350810
The intermediate-term trend has been DOWN since Jul 28th, 2023 at 0.354845
The short-term trend has been DOWN since Sep 25th, 2023 at 0.339640
Smart Scan Analysis for CZKHKD
Based on our trend formula, CZKHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).