Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Czech Koruna/Turkish Lira (FOREX:CZKTRY)
Long-Term Uptrend (+90) - CZKTRY is in a strong uptrend that is likely to continue. While CZKTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CZKTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKTRY
The long-term trend has been UP since Oct 11th, 2021 at 0.410231
The intermediate-term trend has been UP since Oct 9th, 2023 at 1.205884
The short-term trend has been UP since Nov 10th, 2023 at 1.248965
Smart Scan Analysis for CZKTRY
Based on our trend formula, CZKTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).