Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Euro/Czech Koruna (FOREX:EURCZK)
Bull Market Weakness (+75) - EURCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURCZK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURCZK
The long-term trend has been UP since Jul 7th, 2023 at 23.95905
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 24.41700
The short-term trend has been UP since Dec 1st, 2023 at 24.37950
Smart Scan Analysis for EURCZK
Based on our trend formula, EURCZK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).