Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Czech Koruna/Polish New Zloty (FOREX:CZKPLN)
Strong Downtrend (-100) - CZKPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKPLN continues to fall. 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 26th, 2023 at 0.1911850
The intermediate-term trend has been DOWN since Oct 6th, 2023 at 0.1878135
The short-term trend has been DOWN since Dec 1st, 2023 at 0.1778005
Smart Scan Analysis for CZKPLN
Based on our trend formula, CZKPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).