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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Czech Koruna (FOREX:GBPCZK)

Bull Market Weakness (+75) - GBPCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCZK as it may be in the beginning stages of a reversal.

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
29.62830 29.63280 29.61075 29.62475 -0.00355
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term up The long-term trend has been UP since May 31st, 2023 at 27.56860

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 29.45055

short term up The short-term trend has been UP since Mar 19th, 2024 at 29.55195

Smart Scan Analysis for GBPCZK

Based on our trend formula, GBPCZK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.62830 29.63280 29.61075 29.62475 -0.00355
Prev. Close Volume Bid Ask Time
29.62830 2024-03-29 01:34:54
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