Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
US Dollar/Czech Koruna (FOREX:USDCZK)
Strong Downtrend (-100) - USDCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDCZK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDCZK
The long-term trend has been DOWN since Nov 11th, 2022 at 23.456
The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 21.870
The short-term trend has been DOWN since Mar 20th, 2023 at 22.357
Smart Scan Analysis for USDCZK
Based on our trend formula, USDCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).