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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Czech Koruna (FOREX:GBPCZK)
Countertrend Up (+85) - GBPCZK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for GBPCZK
The long-term trend has been UP since Jul 2nd, 2024 at 29.75240
The intermediate-term trend has been UP since Nov 11th, 2024 at 30.57325
The short-term trend has been DOWN since Nov 19th, 2024 at 30.19010
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.2862 | 30.3646 | 30.2819 | 30.3608 | +0.0746 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.2862 | 2024-11-20 03:50:00 |