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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

British Pound/Czech Koruna (FOREX:GBPCZK)

Bear Market Rally (-75) - GBPCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCZK as it may be in the beginning of a reversal.

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.

FOREX_GBPCZK
Open High Low GBPCZK Price Change
26.77410 26.81175 26.66735 26.69760 -0.07650
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term down The long-term trend has been DOWN since Jun 14th, 2022 at 28.59495

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2023 at 27.01510

short term down The short-term trend has been DOWN since Mar 29th, 2023 at 26.84190

Smart Scan Analysis for GBPCZK

Based on our trend formula, GBPCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.77410 26.81175 26.66735 26.69760 -0.07650
Prev. Close Volume Bid Ask Time
26.77410 2023-03-30 08:00:54
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