Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Czech Koruna/Hong Kong Dollar (FOREX:CZKHKD)
Bull Market Weakness (+75) - CZKHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKHKD as it may be in the beginning stages of a reversal.
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 Mar 1st, 2022 at 0.343720
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.329565
The short-term trend has been UP since Aug 9th, 2022 at 0.327395
Smart Scan Analysis for CZKHKD
Based on our trend formula, CZKHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).