Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Euro/Czech Koruna (FOREX:EURCZK)
Weak Downtrend (-65) - EURCZK is showing signs of a strengthening downtrend. Monitor EURCZK as it may be building momentum to the downside.
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 26.1110
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 25.2592
The short-term trend has been UP since Oct 18th, 2021 at 25.4603
Smart Scan Analysis for EURCZK
Based on our trend formula, EURCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).