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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

British Pound/Czech Koruna (FOREX:GBPCZK)

Crossroads (-60) - GBPCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
30.01880 30.03020 29.98645 30.01315 -0.00565
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term up The long-term trend has been UP since Mar 30th, 2020 at 30.83920

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2020 at 30.62145

short term down The short-term trend has been DOWN since May 27th, 2020 at 30.33980

Smart Scan Analysis for GBPCZK

Based on our trend formula, GBPCZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.01880 30.03020 29.98645 30.01315 -0.00565
Prev. Close Volume Bid Ask Time
30.01880 29.99330 30.03300 2020-06-02 02:13:57
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