Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Swiss Franc/Czech Koruna (FOREX:CHFCZK)
Crossroads (+60) - CHFCZK 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 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.
MarketClub’s Trade Triangles for CHFCZK
The long-term trend has been DOWN since Jun 8th, 2022 at 23.47515
The intermediate-term trend has been UP since Jun 16th, 2022 at 24.20525
The short-term trend has been UP since Jun 23rd, 2022 at 24.40905
Smart Scan Analysis for CHFCZK
Based on our trend formula, CHFCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).