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.
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 UP since Mar 5th, 2023 at 27.01510
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).