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.
MarketClub’s Trade Triangles for CZKPLN
The long-term trend has been DOWN since Mar 12th, 2020 at 0.1665950
The intermediate-term trend has been DOWN since May 24th, 2020 at 0.1645215
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).