Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
British Pound/Czech Koruna (FOREX:GBPCZK)
Countertrend Down (-85) - GBPCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPCZK
The long-term trend has been DOWN since Jun 14th, 2022 at 28.59495
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 28.63580
The short-term trend has been UP since Jun 24th, 2022 at 28.88755
Smart Scan Analysis for GBPCZK
Based on our trend formula, GBPCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).