Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Euro/Czech Koruna (FOREX:EURCZK)
Sidelines Mode (+55) - EURCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURCZK
The long-term trend has been UP since Jul 7th, 2023 at 23.95905
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 24.41700
The short-term trend has been UP since Dec 1st, 2023 at 24.37950
Smart Scan Analysis for EURCZK
Based on our trend formula, EURCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).