Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Czech Koruna/South African Rand (FOREX:CZKZAR)
Long-Term Uptrend (+90) - CZKZAR is in a strong uptrend that is likely to continue. While CZKZAR 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 CZKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKZAR
The long-term trend has been UP since Jul 1st, 2022 at 0.6959399
The intermediate-term trend has been UP since Mar 21st, 2023 at 0.8366250
The short-term trend has been UP since Mar 20th, 2023 at 0.8223276
Smart Scan Analysis for CZKZAR
Based on our trend formula, CZKZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).