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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Czech Koruna (FOREX:GBPCZK)
Sidelines Mode (+55) - GBPCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for GBPCZK
The long-term trend has been UP since Jul 2nd, 2024 at 29.75240
The intermediate-term trend has been UP since Dec 19th, 2024 at 30.54920
The short-term trend has been DOWN since Dec 22nd, 2024 at 30.21325
Smart Scan Analysis for GBPCZK
Based on our trend formula, GBPCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.32310 | 30.34465 | 30.22705 | 30.25215 | -0.07095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.32310 | 2024-12-26 08:27:52 |