Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Czech Koruna/South African Rand (FOREX:CZKZAR)
Weak Downtrend (-65) - CZKZAR is showing signs of a strengthening downtrend. Monitor CZKZAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CZKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKZAR
The long-term trend has been UP since Feb 27th, 2020 at 0.6623400
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 0.7231809
The short-term trend has been DOWN since May 20th, 2020 at 0.7192538
Smart Scan Analysis for CZKZAR
Based on our trend formula, CZKZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).