Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Czech Koruna/Turkish Lira (FOREX:CZKTRY)
Sidelines Mode (+55) - CZKTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CZKTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKTRY
The long-term trend has been UP since Oct 11th, 2021 at 0.4102310
The intermediate-term trend has been UP since Oct 9th, 2023 at 1.2058840
The short-term trend has been DOWN since Dec 4th, 2023 at 1.2843475
Smart Scan Analysis for CZKTRY
Based on our trend formula, CZKTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).