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Forex Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

British Pound/Czech Koruna (FOREX:GBPCZK)

Bear Market Rally (-75) - GBPCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCZK as it may be in the beginning 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
28.8131 28.8131 28.8131 28.8131 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term down The long-term trend has been DOWN since Jun 14th, 2022 at 28.59495

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2022 at 29.05300

short term down The short-term trend has been DOWN since Aug 4th, 2022 at 29.30750

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
28.8131 28.8131 28.8131 28.8131 0.0000
Prev. Close Volume Bid Ask Time
28.8131 2022-08-13 23:34:55
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