Forex Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Czech Koruna/Singapore Dollar (FOREX:CZKSGD)
Long-Term Uptrend (+90) - CZKSGD is in a strong uptrend that is likely to continue. While CZKSGD 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 CZKSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKSGD
The long-term trend has been UP since Jul 15th, 2020 at 0.0596875
The intermediate-term trend has been UP since Jul 14th, 2020 at 0.0593680
The short-term trend has been UP since Aug 5th, 2020 at 0.0620705
Smart Scan Analysis for CZKSGD
Based on our trend formula, CZKSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).