Forex Trend Analysis Report
Prepared for you on Wednesday, December 6, 2023.
Czech Koruna/US Dollar (FOREX:CZKUSD)
Weak Downtrend (-65) - CZKUSD is showing signs of a strengthening downtrend. Monitor CZKUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CZKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKUSD
The long-term trend has been DOWN since Aug 23rd, 2023 at 0.04479908
The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.04340656
The short-term trend has been DOWN since Nov 30th, 2023 at 0.04480490
Smart Scan Analysis for CZKUSD
Based on our trend formula, CZKUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).