Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
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 DOWN since Dec 17th, 2020 at 26.11100
The intermediate-term trend has been UP since Feb 25th, 2021 at 26.07375
The short-term trend has been DOWN since Mar 1st, 2021 at 26.02700
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).