Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Czech Koruna/US Dollar (FOREX:CZKUSD)
Countertrend Up (+85) - CZKUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 15th, 2020 at 0.04304100
The intermediate-term trend has been UP since Nov 5th, 2020 at 0.04389825
The short-term trend has been DOWN since Nov 30th, 2020 at 0.04542000
Smart Scan Analysis for CZKUSD
Based on our trend formula, CZKUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).