Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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.
MarketClub’s Trade Triangles for CZKSEK
The long-term trend has been DOWN since Sep 27th, 2023 at 0.47515849
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.47040717
The short-term trend has been DOWN since Nov 28th, 2023 at 0.46725500
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).