Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
British Pound/Czech Koruna (FOREX:GBPCZK)
Strong Uptrend (+100) - GBPCZK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPCZK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GBPCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPCZK
The long-term trend has been UP since Oct 19th, 2021 at 30.2428
The intermediate-term trend has been UP since Oct 6th, 2021 at 29.8733
The short-term trend has been UP since Oct 14th, 2021 at 30.0267
Smart Scan Analysis for GBPCZK
Based on our trend formula, GBPCZK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).