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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Czech Koruna/Polish New Zloty (FOREX:CZKPLN)

Long-Term Downtrend (-90) - CZKPLN is in a strong downtrend that is likely to continue. While CZKPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CZKPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CZKPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CZKPLN
Open High Low CZKPLN Price Change
0.163221 0.164848 0.162805 0.164848 +0.001627
Entry Signal

MarketClub’s Trade Triangles for CZKPLN

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 0.1665950

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2020 at 0.1645215

short term down The short-term trend has been DOWN since May 24th, 2020 at 0.1650450

Smart Scan Analysis for CZKPLN

Based on our trend formula, CZKPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CZKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.163221 0.164848 0.162805 0.164848 +0.001627
Prev. Close Volume Bid Ask Time
0.163221 0.164716 0.164980 2020-05-28 10:34:54
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