Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Swiss Franc/Czech Koruna (FOREX:CHFCZK)
Long-Term Uptrend (+90) - CHFCZK is in a strong uptrend that is likely to continue. While CHFCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 8th, 2021 at 23.7581
The intermediate-term trend has been UP since Sep 28th, 2021 at 23.5581
The short-term trend has been UP since Oct 14th, 2021 at 23.7523
Smart Scan Analysis for CHFCZK
Based on our trend formula, CHFCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).