Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
British Pound/Czech Koruna (FOREX:GBPCZK)
Long-Term Uptrend (+90) - GBPCZK is in a strong uptrend that is likely to continue. While GBPCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Feb 25th, 2021 at 30.30875
The intermediate-term trend has been UP since Feb 16th, 2021 at 29.60250
The short-term trend has been UP since Feb 10th, 2021 at 29.42595
Smart Scan Analysis for GBPCZK
Based on our trend formula, GBPCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).