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Forex Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
Swiss Franc/Czech Koruna (FOREX:CHFCZK)
Sidelines Mode (+50) - CHFCZK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CHFCZK can gain momentum.
Is it time to buy, sell, or avoid CHFCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCZK.
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 CHFCZK
The long-term trend has been DOWN since Nov 7th, 2022 at 24.6041
The intermediate-term trend has been UP since May 1st, 2023 at 24.0784
The short-term trend has been UP since Jun 7th, 2023 at 24.3830
Smart Scan Analysis for CHFCZK
Based on our trend formula, CHFCZK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.27540 | 24.28905 | 24.24130 | 24.27825 | +0.00285 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.27540 | 2023-06-08 04:44:17 |