Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Czech Koruna/Swedish Krona (FOREX:CZKSEK)
Sidelines Mode (-55) - CZKSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 13th, 2020 at 0.40802270
The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.38525527
The short-term trend has been DOWN since Nov 25th, 2020 at 0.38683879
Smart Scan Analysis for CZKSEK
Based on our trend formula, CZKSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).