Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Czech Koruna/South African Rand (FOREX:CZKZAR)
Bull Market Weakness (+75) - CZKZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKZAR as it may be in the beginning stages of a reversal.
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 Jul 1st, 2022 at 0.6959399
The intermediate-term trend has been UP since Jun 21st, 2022 at 0.6845400
The short-term trend has been UP since Aug 2nd, 2022 at 0.6923732
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).