Forex Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
Czech Koruna/British Pound (FOREX:CZKGBP)
Bear Market Rally (-75) - CZKGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CZKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKGBP
The long-term trend has been DOWN since Feb 25th, 2021 at 0.0329945
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.0330910
The short-term trend has been DOWN since Jun 11th, 2021 at 0.0337875
Smart Scan Analysis for CZKGBP
Based on our trend formula, CZKGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).