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Forex Trend Analysis Report
Prepared for you on Monday, February 6, 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.
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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 4th, 2022 at 0.7569180
The short-term trend has been DOWN since Feb 5th, 2023 at 0.8546055
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8555585 | 0.8556230 | 0.8534705 | 0.8534810 | -0.0020770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8555585 | 2023-02-06 02:12:53 |