Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Czech Koruna/US Dollar (FOREX:CZKUSD)
Crossroads (+60) - CZKUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CZKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKUSD
The long-term trend has been DOWN since Aug 23rd, 2023 at 0.04479908
The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.04340656
The short-term trend has been UP since Nov 23rd, 2023 at 0.04479831
Smart Scan Analysis for CZKUSD
Based on our trend formula, CZKUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).