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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Czech Koruna/Swedish Krona (FOREX:CZKSEK)

Long-Term Downtrend (-90) - CZKSEK is in a strong downtrend that is likely to continue. While CZKSEK 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 CZKSEK?

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

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

FOREX_CZKSEK
Open High Low CZKSEK Price Change
0.39352005 0.39379360 0.39191356 0.39256024 -0.00096000
Entry Signal

MarketClub’s Trade Triangles for CZKSEK

long term down The long-term trend has been DOWN since Oct 20th, 2021 at 0.39205596

intermediate term down The intermediate-term trend has been DOWN since Aug 24th, 2021 at 0.39945862

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.39681685

Smart Scan Analysis for CZKSEK

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

-90
Smart Scan Analysis for CZKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39352005 0.39379360 0.39191356 0.39256024 -0.00096000
Prev. Close Volume Bid Ask Time
0.39352005 2021-10-20 09:39:57
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