Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Czech Koruna/South African Rand (FOREX:CZKZAR)
Strong Downtrend (-100) - CZKZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 17th, 2021 at 0.67281120
The intermediate-term trend has been DOWN since Feb 10th, 2021 at 0.68775400
The short-term trend has been DOWN since Apr 14th, 2021 at 0.66422089
Smart Scan Analysis for CZKZAR
Based on our trend formula, CZKZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).