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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

British Pound/Czech Koruna (FOREX:GBPCZK)

Crossroads (-60) - GBPCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPCZK
Open High Low GBPCZK Price Change
29.25415 29.34740 29.20270 29.31870 +0.06455
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term up The long-term trend has been UP since Oct 12th, 2020 at 30.06215

intermediate term down The intermediate-term trend has been DOWN since Nov 4th, 2020 at 29.64015

short term down The short-term trend has been DOWN since Dec 2nd, 2020 at 29.04700

Smart Scan Analysis for GBPCZK

Based on our trend formula, GBPCZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.25415 29.34740 29.20270 29.31870 +0.06455
Prev. Close Volume Bid Ask Time
29.25415 2020-12-04 06:08:04
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