Forex Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Euro/Czech Koruna (FOREX:EURCZK)
Countertrend Down (-85) - EURCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 17th, 2020 at 26.111
The intermediate-term trend has been DOWN since Apr 2nd, 2021 at 25.998
The short-term trend has been UP since Apr 20th, 2021 at 25.969
Smart Scan Analysis for EURCZK
Based on our trend formula, EURCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).