Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Czech Koruna/Hong Kong Dollar (FOREX:CZKHKD)
Long-Term Uptrend (+90) - CZKHKD is in a strong uptrend that is likely to continue. While CZKHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 15th, 2020 at 0.333565
The intermediate-term trend has been UP since Nov 4th, 2020 at 0.339675
The short-term trend has been UP since Dec 1st, 2020 at 0.355545
Smart Scan Analysis for CZKHKD
Based on our trend formula, CZKHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).